This book deals with the money laundering phenomenon and its accompanying serious effects on economic activities, especially in the context of globalization and its negative consequences on all communities. The drug problem exacerbated on its various dimensions: production, smuggling, illicit trading and money laundering.
The book consists of four chapters.
First chapter deals with the problem of drugs on the regional and international levels. It concludes changes occurring the drug problem and factors explaining international smuggling and its methods.
Second chapter deals with the danger of money laundering and its role in enhancing the spread of drugs. Also, it provides special attention on nature of money laundering crimes and the role of money laundering in the prevalence of drugs.
Third chapter deals with the technical means of laundering money gained from drug crimes. Both – conventional and modern – are manipulated.
Fourth chapter deals with the criminal policy in confronting money laundering obtained from drugs-related crimes: it explains multiple issues; the international response to money laundering, efforts of regional powers to confront money laundering; and the national strategies to control money laundering.
The book, in its conclusive section, offers some recommendations, the most salient are:
. Arab countries should establish comprehensive internal systems for the protection and supervision of banks and non-banking financial institutions. This is in addition to natural or legal persons who engage professional or commercial activities.
. Feasible measures should be implemented to detect and monitor cash movement and negotiable instruments across extra-territorial boundaries with measures of securities that ensure proper use of information without impeding the movement of the project capital in any way.
. In establishing regulatory and supervisory systems it is important to follow the guidance of the relevant initiatives taken by regional, interregional and multilateral institutions.
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