This study investigates the efficiency of suspicious transaction reporting activity to a financial intelligence unit as a means to deter money laundering. Baseline and two-province theoretical models are used to frame the empirical analysis. The latter examines the relationship between suspicious transaction reporting and the vulnerability of Italian provinces to money laundering from 2009 to 2013. Instrumental variables and spatial analysis are exploited to identify the role of suspicious transaction reporting on vulnerability. The results provide a positive assessment of the risk-based mechanism of reporting suspicious operations to the financial intelligence unit, although ‘congestion’ problems from overreporting are observed.

dalla Pellegrina, L., Di Maio, G., Masciandaro, D., Saraceno, M. (2020). Organized crime, suspicious transaction reporting and anti-money laundering regulation. REGIONAL STUDIES, 54(12), 1761-1775 [10.1080/00343404.2020.1772963].

Organized crime, suspicious transaction reporting and anti-money laundering regulation

dalla Pellegrina L.;Di Maio G.
;
Saraceno M.
2020

Abstract

This study investigates the efficiency of suspicious transaction reporting activity to a financial intelligence unit as a means to deter money laundering. Baseline and two-province theoretical models are used to frame the empirical analysis. The latter examines the relationship between suspicious transaction reporting and the vulnerability of Italian provinces to money laundering from 2009 to 2013. Instrumental variables and spatial analysis are exploited to identify the role of suspicious transaction reporting on vulnerability. The results provide a positive assessment of the risk-based mechanism of reporting suspicious operations to the financial intelligence unit, although ‘congestion’ problems from overreporting are observed.
Articolo in rivista - Articolo scientifico
money laundering, suspicious transaction reporting, vulnerability,
English
1-lug-2020
2020
54
12
1761
1775
none
dalla Pellegrina, L., Di Maio, G., Masciandaro, D., Saraceno, M. (2020). Organized crime, suspicious transaction reporting and anti-money laundering regulation. REGIONAL STUDIES, 54(12), 1761-1775 [10.1080/00343404.2020.1772963].
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10281/281231
Citazioni
  • Scopus 5
  • ???jsp.display-item.citation.isi??? 3
Social impact