ABSTRACT
This book has identified and provided a detailed and critical review of the United Kingdom’s (UK) policies and legislative attempts to tackle financial crime. The UK has to a large extent attempted to implement all of the financial crime conventions of the United Nations (UN) and the legislative measures of the European Union (EU). Therefore the UK has created a generally robust and at times aggressive legislative slant towards financial crime. This has been reflected in the creation of several regulatory and law enforcement agencies that been given the difficult task of enforcing the extensive legislative frameworks. The first chapter of the book began by illustrating how difficult it has been to not only define financial crime, but also how impossible it has been to accurately identify the extent of each of the financial crimes considered in this book. We highlighted the importance of the seminal definition of white collar crime provided by Professor Edwin Sutherland and how this definition has attracted a great deal of criticism. Furthermore, the first chapter provided a summary of research and reports that have attempted to estimate the extent of each of the financial crimes considered in this book. It is important to note that there is still not an internationally agreed definition of financial crime despite the multitude of international legislative instruments introduced by the UN and EU.
