Money Laundering as an Organized Crime: The Legal and Institutional Measures for Controlling Money Laundering in Pakistan
DOI:
https://doi.org/10.54183/jssr.v2i1.29Keywords:
Money Laundering, Illicit Money, Pakistan, Crime, Launderer.Abstract
Combating money laundering is not an easy job since it is world phenomena and world’s societies are supposed to cope with it. The Financial Action Task Force and other anti-money laundering initiatives have been devised in order to tackle the menace of money laundering. Pakistan, being the victim of money laundering, has also devised many prevention strategies in order to control money laundering. These include Anti money Laundering Ordinance 2007, Anti Money laundering Act 2010, Anti Money laundering Regulations 2015 and the Anti Money laundering Act 2015. The Federal Investigation Agency and National Executive Committee are some of the measures being devised in order to control and prevent money laundering. This literature-based paper is intended to describe the process, nature, effects and the legal and institutional measures for controlling money laundering in Pakistan.
Downloads
Published
Issue
Section
License
Copyright (c) 2022 Amir Alam, Imran Ahmad Sajid, Sajjad Hussain
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
SSR's Editorial Board shares the vision of providing free access to information, education, and science for everyone, thus promoting its content through an OPEN ACCESS POLICY, fulfilling the DOAJ definition of open access. The JSSR adheres to an Open Access and Copyright Licensing Policy based on the belief that making research freely accessible to the public promotes greater global knowledge sharing.
The JSSR uses the Creative Commons Attribution-NonCommercial 4.0 International License. The authors who apply and publish in JSSR consent to abide by the copyright policy set out in the Creative Commons 4.0 license (Attribution-NonCommercial 4.0 International license).
- Copyright in the Journal of Social Sciences Review is retained by the author(s).
- Authors also grant any third party the right to use the article freely as long as its integrity is maintained and its original authors, citation details and publisher are identified.
While "By 'open access' to this literature, we mean its free availability on the public internet, permitting any users to read, download, copy, distribute, print, search, or link to the full texts of these articles, crawl them for indexing, pass them as data to software, or use them for any other lawful purpose, without financial, legal, or technical barriers other than those inseparable from gaining access to the internet itself."
