Browsing Lokanan, Mark by Title
Now showing items 7-23 of 23
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Data mining for statistical analysis of money laundering transactions
(Journal of Money Laundering Control, 2019)Purpose The purpose of this paper is to use statistical techniques to mine and analyze suspicious transactions. With the increase in money laundering activities across various sectors in some of the world’s leading ... -
Detecting anomalies in financial statements using machine learning algorithm: The case of Vietnamese listed firms
(Asian Journal of Accounting Research, 2019)The vast amount of data and the increasing development in technology in recent years have changed the way in which many industries operate and compete with each other. Millions of bytes, commonly referred to as big data, ... -
The effectiveness of anti-money laundering policies and procedures within the banking sector in Bahrain
(Journal of Money Laundering Control, 2020)Purpose: The purpose of this paper is to identify the anti-money laundering (AML) policies and procedures applied by the banks operating in Bahrain and assess the effectiveness of these policies. Design/methodology/a ... -
A fraud investigation plan for a false accounting and theft case
(Journal of Financial Crime, 2019)Purpose The purpose of this paper is to formulate and propose a fraud investigation plan that forensic accountants can use to investigate financial frauds. In particular, the paper sets out the structure and rationale of ... -
A fraud triangle analysis of the libor fraud
(Journal of Forensic & Investigative Accounting, 2018)This study examines the effectiveness of Cressey’s (1953) fraud risks factors adopted by the AICPA and the ACFE in detecting fraud in banks involved in the LIBOR scandal. Cressey (1993) posits that, for fraud to occur, ... -
How senior managers perpetuate accounting fraud? Lessons for fraud examiners from an instructional case
(Journal of Financial Crime, 2014)Purpose – The purpose of this paper is to examine the risk factors that led to the Livent fraud, and the procedures that need to be taken by responsible parties to carefully investigate and address the incidents of ... -
Informing the fraud triangle: Insights from differential association theory
(Journal of Theoretical Accounting Research, 2018)The fraud triangle (FT) has been criticized by scholars and practitioners for not being thorough enough to include every occurrence of fraud. However, not every case of fraud can follow the FT and the problem might have ... -
The investment dealers association of Canada’s enforcement record: Are penalties “grossly inadequate”?
(Journal of Financial Regulation and Compliance, 2014)The IDA (since 2008, the Investment Industry Regulatory Organization of Canada (IIROC)) is the national self-regulatory organization (SRO) that is responsible for policing investment dealers and Member firms that trade in ... -
Mapping the individual and structural theories of financial crimes
(Journal of Financial Crime, 2020)The purpose of this paper is to argue for an integrated explanation of financial fraud. Greater emphasis must be placed on the structural and situational factors that are elements of fraud risks and fraud. The paper is ... -
Regulatory capture of regulators: The case of the Investment Dealers Association of Canada
(International Journal of Public Administration, 2017)This study employed Stilger’s (1971) capture theory to investigate whether the Investment Dealers Association (IDA) of Canada experienced regulatory capture by weak enforcement. The study used data of the IDA’s enforcement ... -
Ritualisation and money laundering in the Swiss banking sector
(Journal of Money Laundering Control, 2017)Switzerland, a landlocked country located to the west of Central Europe, is well-known as one of the world’s most competitive financial centres. It is also known as ‘the Swiss Confederation’ as it is a federal directorial ... -
Securities regulation: Opportunities exist for IIROC to regulate responsively
(Administration and Society, 2015)This article examines the applicability of responsive regulation within an inter-agency framework in the financial sector. To do so, the article uses the self-regulatory organization that is responsible for governing ... -
Self-regulation and compliance enforcement practices by the Investment Dealers Association in Canada
(Journal of Financial Regulation and Compliance, 2017)Purpose: This paper aims to examine the enforcement practices of the Investment Dealers Association of Canada (IDA) and argue that self-regulation simply does not work in the financial sector, as the sanctions available ... -
Self-regulation in the Canadian securities industry: Funnel in, funnel out, or funnel away?
(International Journal of Law, Crime and Justice, 2015)The study analysed the processing of complaints against investment brokers and Dealer Members through the Investment Dealer Association (IDA) of Canada's disciplinary system between 2002 and 2007. The cases processed are ... -
Testing for impression management in creative accounting: A case of the automobile industry
(Journal of Forensic & Investigative Accounting, 2017)In a world of corporate scandals and economic difficulties, the need for transparency is becoming ever more apparent. Managers are becoming increasingly cognizant of the demand from stakeholders and feel pressured into ... -
Theorizing financial crimes as moral actions
(European Accounting Review, 2017)The paper maintains that all acts of financial crimes can be explained within a general theory of moral action and analyzed as such. In this regard, the paper presents such a theory – Situational Action Theory (SAT) – and ... -
An update on self-regulation in the Canadian securities industry (2009-2016): Funnel in, funnel out, and funnel away
(Journal of Financial Regulation and Compliance, 2018)Purpose –The paper analyzed the processing of complaints against investment advisors and Member firms through the Investment Industry Regulatory Organization of Canada (IIROC) enforcement system between 2009 and 2016. The ...
