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Maximillian Edelbacher - Financial Crimes: A Threat to Global Security

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Maximillian Edelbacher Financial Crimes: A Threat to Global Security

Financial Crimes: A Threat to Global Security: summary, description and annotation

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Financial market reform has focused chiefly on the threats to stability arising from the risky, uncontrolled activity of the leaders of financial institutions. Nevertheless, organized crime, white-collar crime, and corruption have a huge impact on financial systems worldwide and must also be confronted if true reform is to be achieved. A collection of articles written by experts in their fields of study, Financial Crimes: A Threat to Global Security spotlights the importance of addressing the problem of illegal financial activity as part of a greater comprehensive plan for reforming the financial sector.

Drawn from the 23rd Annual Meeting of the Academic Council on the United Nations System (ACUNS) held in Vienna, the book explores the major themes discussed at this elite symposium. In the first section, the contributors examine changing concepts in security over the course of history and across nations. They discuss how an event in Austria led to the implementation of a new security philosophy that is now followed by the majority of the European Union. The book examines the diverse models of preventing security threats that have grown from that idea as well as the gradual expansion of the role of the security council of the United Nations.

The next section analyzes the present state of security worldwide and examines the wide array of criminal activity that plagues the financial sector. Expert contributors reveal methods to identify certain types of behavior and criminals as well as efforts to combat illegal activityincluding the role of the media.

The final section investigates alternative approaches to preventing another worldwide financial disaster through investigative reporting, human factors analysis, legislative initiatives, and other methods.

Filled with insight from international experts, the book highlights both the warning signs to illegal activity as well as the most effective methods for combating the invidious corruption that, if unchecked, puts all nations at risk.

Maximilian Edelbacher will be appearing at three upcoming events:

  • June 28, 2012: Roundtable in the House of the European Union in Vienna on the topic Financial Crimes: A Threat to European Security?
  • October 8, 2012: Roundtable in Joannneum, Austria on the topic Financial Crimes: A Threat to Global Security
  • October 9, 2012: Book presentation at the Hans Gross Museum in Graz, Austria

Maximillian Edelbacher: author's other books


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Financial Crimes A Threat to Global Security - image 1
Advances in Police Theory and Practice Series

Series Editor : Dilip K. Das

Financial Crimes A Threat to Global Security - image 2

Financial Crimes: A Global Threat
Maximillian Edelbacher, Peter Kratcoski, and Michael Theil

Police Integrity Management in Australia:
Global Lessons for Combating Police Misconduct
Louise Porter and Tim Prenzler

The Crime Numbers Game: Management by Manipulation
John A. Eterno and Eli B. Silverman

The International Trafficking of Human Organs: A Multidisciplinary Perspective
Leonard Territo and Rande Matteson

Police Reform in China
Kam C. Wong

Mission-Based Policing
John P. Crank, Dawn M. Irlbeck, Rebecca K. Murray, and Mark Sundermeier

The New Khaki: The Evolving Nature of Policing in India
Arvind Verma

Cold Cases: An Evaluation Model with Follow-up Strategies for Investigators
James M. Adcock and Sarah L. Stein

Policing Organized Crime: Intelligence Strategy Implementation
Petter Gottschalk

Security in Post-Conflict Africa: The Role of Nonstate Policing
Bruce Baker

Community Policing and Peacekeeping
Peter Grabosky

Community Policing: International Patterns and Comparative Perspectives
Dominique Wisler and Ihekwoaba D. Onwudiwe

Police Corruption: Preventing Misconduct and Maintaining Integrity
Tim Prenzler

Financial Crimes
A Threat to
Global Security
Edited by
Maximillian Edelbacher
Peter Kratcoski
Michael Theil

CRC Press Taylor Francis Group 6000 Broken Sound Parkway NW Suite 300 Boca - photo 3

CRC Press
Taylor & Francis Group
6000 Broken Sound Parkway NW, Suite 300
Boca Raton, FL 33487-2742

2012 by Taylor & Francis Group, LLC
CRC Press is an imprint of Taylor & Francis Group, an Informa business

No claim to original U.S. Government works
Version Date: 20120525

International Standard Book Number-13: 978-1-4665-6793-1 (eBook - ePub)

This book contains information obtained from authentic and highly regarded sources. Reasonable efforts have been made to publish reliable data and information, but the author and publisher cannot assume responsibility for the validity of all materials or the consequences of their use. The authors and publishers have attempted to trace the copyright holders of all material reproduced in this publication and apologize to copyright holders if permission to publish in this form has not been obtained. If any copyright material has not been acknowledged please write and let us know so we may rectify in any future reprint.

Except as permitted under U.S. Copyright Law, no part of this book may be reprinted, reproduced, transmitted, or utilized in any form by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying, microfilming, and recording, or in any information storage or retrieval system, without written permission from the publishers.

For permission to photocopy or use material electronically from this work, please access www.copyright.com (http://www.copyright.com/) or contact the Copyright Clearance Center, Inc. (CCC), 222 Rosewood Drive, Danvers, MA 01923, 978-750-8400. CCC is a not-for-profit organization that provides licenses and registration for a variety of users. For organizations that have been granted a photocopy license by the CCC, a separate system of payment has been arranged.

Trademark Notice: Product or corporate names may be trademarks or registered trademarks, and are used only for identification and explanation without intent to infringe.

Visit the Taylor & Francis Web site at
http://www.taylorandfrancis.com

and the CRC Press Web site at
http://www.crcpress.com

This book is dedicated to all of the organizations and agencies,
both public and private, that are diligently working to assist
those who were victimized by financial criminal activity and to
develop national and personal strategies for financial security.

Contents Section I NEW SECURITY CONCEPTS PETER C KRATCOSKI GNTER - photo 4
Contents
Section I NEW SECURITY CONCEPTS PETER C KRATCOSKI GNTER STUMMVOLL GERALD - photo 5

Section I
NEW SECURITY CONCEPTS

PETER C. KRATCOSKI

GNTER STUMMVOLL

GERALD SCHPFER

MAXIMILLIAN EDELBACHER AND GILBERT NORDEN

ALEXANDER SIEDSCHLAG

WALTHER LICHEM

Section II
FINANCIAL CRIMES: A GLOBAL THREAT

MAXIMILLIAN EDELBACHER AND MICHAEL THEIL

MAXIMILLIAN EDELBACHER AND MICHAEL THEIL

ALEXANDER SEGER

ARIJE ANTINORI

BOJAN DOBOVEK

ROMAN TOMASIC

ANTHONY MILLS

WOLFGANG HETZER

Section III
PREVENTING ANOTHER FINANCIAL CRISIS: ROLES OF CONTROL MECHANISMS

MAXIMILLIAN EDELBACHER AND MICHAEL THEIL

MICHAEL THEIL

BOJAN DOBOVEK AND MATIJA MASTNAK

CHRISTIAN FELSENREICH

KATHARINA NOUSSI

CLEMENS FATH

PETER C. KRATCOSKI

MAXIMILLIAN EDELBACHER, MICHAEL THEIL, AND PETER C. KRATCOSKI

Series Editors Preface While the literature on police and allied subjects - photo 6
Series Editors Preface
While the literature on police and allied subjects is growing exponentially - photo 7

While the literature on police and allied subjects is growing exponentially, its impact upon day-to-day policing remains small. The two worlds of research and practice of policing remain disconnected even though cooperation between the two is growing. A major reason is that the two groups speak different languages. The research work is published in hard-to-access journals and presented in a manner that is difficult for a lay person to comprehend. On the other hand, police practitioners tend not to mix with researchers and remain secretive about their work. Consequently, the two groups exchange little dialogue and rarely attempt to learn from one another. Dialogues across the globe among researchers and practitioners on different continents are, of course, even more limited.

I attempted to address this problem by starting the International Police Executive Symposium (IPES) where a common platform has brought the two together. IPES (www.ipes.info) is now in its seventeenth year. The annual meetings that constitute most major annual events of the organization have been hosted in all parts of the world. Several publications have resulted from these deliberations, and a new collaborative community of scholars and police officers has been created whose membership runs into several hundreds.

Another attempt was to begin a new journal, aptly called Police Practice and Research: An International Journal (PPR) that opened the gate to practitioners to share their work and experiences. The journal attempts to focus upon issues that help bring the two to a single platform. PPR completed its first ten years in 2009 and continues to evidence the growing collaboration between police research and practice. PPR began with four issues a year, expanded to five in its fourth year, and is now issued six times a year.

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