This book offers a commentary on the responses to white collar crime since the financial crisis. The book brings together experts from academia and practice to analyse the legal and policy responses that have been put in place following the 2008 financial crisis. The book looks at a range of topics including: the low priority and resources allocated to fraud; EU regulatory efforts to fight financial crime; protecting whistleblowers in the financial industry; the criminality of the rogue trader; the evolution of financial crime in cryptocurrencies; and the levying of financial penalties against banks and corporations by the US Department of Justice and Securities and Exchange Commission.
1. Introduction, Nicholas Ryder, Umut Turksen and Jon Tucker
2. The 2008
Financial Crisis and Fraud: Examining the Causes and the Response through the
Concepts of Deviancy Attenuation, Delabelling and Immoral Phlegmatism, Mark
Button and Martin Tunley
3. The Fight against White-Collar Crime as European
Financial Crisis Rescuer: Regulatory Challenges and the Tough on Crime
Approach, Ester Herlin-Karnell
4. Protecting whistleblowers in the UK
financial industry, Alison Lui 5 Financial Crises and Financial Crime:
"transformative understandings" of crime past, present and future, Sarah
Wilson
6. Rogue Traders, Paul Keenan
7. The systemic role of technology in
financial instability and the evolution of financial crime in
cryptocurrencies, Dionysios Demetis
8. The finance industry perspective, Jon
Tucker
9. Market Abuse Regime as a Mechanism of Regulatory Reform, Andrew H
Baker
10. A new challenge for the FCA: Establishing appropriate consumer
protection in the consumer credit market in light of the 2008 financial
crisis, Daniel Jasinski
11. Legislation and Regulation in response to
financial crime - Pursuing Ghosts?, Andrew Haynes
12. Independence and
protection of accountants and auditors in the EU AML Framework, Rhian Dow and
Umut Turksen
Nicholas Ryder is Professor in Financial Crime at the University of West England, UK.
Jon Tucker is Professor of Finance and the Director for the Centre for Global Finance at the University of the West of England, UK.
Umut Turksen is Professor of Law and Business at Kingston University, UK.
