Securitization, Accountability and Risk Management
This edited volume examines the reconstitution of the public security domain since the 9/11 attacks, focusing on the banking sector and anti-money laundering (AML) activity in particular.
Since the inception of the Financial Action Taskforce (FATF ) in 1989, AML has been viewed as a global problem. This text argues that the securitization of the financial sector as a result of AML has entailed the emergence of a new public security domain, which transcends the classic publicprivate divide.
The analysis in the volume is multidisciplinary and combines concepts and theories from the literature on securitization, the publicprivate divide and business/ management. The authors argue that the state is under transformation and that the developments in the security field are part of an ongoing renegotiation of the relationship between the state and the business sector. Securitization, Accountability and Risk Management therefore contributes to a deeper understanding of how the power relationships have changed between the public and the private sectors since 9/11.
This interdisciplinary book will be of much interest to students of critical security, risk management, business studies, critical legal studies and IR in general.
Karin Svedberg Helgesson is Associate Professor at the Department of Management and Organization, Stockholm School of Economics.
Ulrika Mrth is Professor at the Department of Political Science, Stockholm University.
PRIO New Security Studies
Series Editor: J. Peter Burgess
PRIO, Oslo
The aim of this book series is to gather state-of- the-art theoretical reflexion and empirical research into a core set of volumes that respond vigorously and dynamically to the new challenges to security scholarship.
The Geopolitics of American Insecurity
Terror, power and foreign policy
Edited by Franois Debrix and Mark J. Lacy
Security, Risk and the Biometric State
Governing borders and bodies
Benjamin J. Muller
Security and Global Governmentality
Globalization, governance and the state
Edited by Miguel de Larrinaga and Marc G. Doucet
Critical Perspectives on Human Security
Rethinking emancipation and power in international relations
Edited by David Chandler and Nik Hynek
Securitization Theory
How security problems emerge and dissolve
Edited by Thierry Balzacq
Feminist Security Studies
A narrative approach
Annick T.R. Wibben
The Ethical Subject of Security
Geopolitical reason and the threat against Europe
J. Peter Burgess
Politics of Catastrophe
Genealogies of the unknown
Claudia Aradau and Rens van Munster
Security, the Environment and Emancipation
Contestation over environmental change
Matt McDonald
Securitization, Accountability and Risk Management
Transforming the public security domain
Edited by Karin Svedberg Helgesson and Ulrika Mrth
Securitization, Accountability and Risk Management
Transforming the public security domain
Edited by Karin Svedberg Helgesson and Ulrika Mrth
First published 2012
by Routledge
2 Park Square, Milton Park, Abingdon, Oxon OX14 4RN
Simultaneously published in the USA and Canada
by Routledge
711 Third Avenue, New York, NY 10017
Routledge is an imprint of the Taylor & Francis Group, an informa business
2012 Selection and editorial material, Karin Svedberg Helgesson and Ulrika Mrth; individual chapters, the contributors
The right of Karin Svedberg Helgesson and Ulrika Mrth to be identified as editors of this work, and of the chapter authors as authors of their contributions, has been asserted by them in accordance with sections 77 and 78 of the Copyright, Designs and Patents Act 1988.
All rights reserved. No part of this book may be reprinted or reproduced or utilized in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage or retrieval system, without permission in writing from the publishers.
Trademark notice : Product or corporate names may be trademarks or registered trademarks, and are used only for identification and explanation without intent to infringe.
British Library Cataloguing in Publication Data
A catalogue record for this book is available from the British Library
Library of Congress Cataloging-in- Publication Data
Securitization, accountability and risk management : transforming the public security domain / edited by Karin Svedberg Helgesson and Ulrika Mrth.
p. cm. (PRIO new security studies ; 10)
Includes bibliographical references and index.
1. Asset-backed financing. 2. Money laundering. 3. Banks and banking.
4. Liability (Law) I. Helgesson, Karin Svedberg, 1966 II. Mrth,
Ulrika, 1962
HG4028.A84S437 2012
332.106894dc23
2011033526
ISBN: 978-0-415-68014-1 (hbk)
ISBN: 978-0-203-12828-2 (ebk)
Contents
|
KARIN SVEDBERG HELGESSON AND ULRIKA MRTH |
|
ANJA P. JAKOBI |
|
SIDEEK M. SEYAD |
|
JAN HALLENBERG |
|
MICHAEL POWER |
|
GILLES FAVAREL-GARRIGUES, THIERRY GODEFROY AND PIERRE LASCOUMES |
|
ANTHONY AMICELLE |
|
KARIN SVEDBERG HELGESSON |
|
KARIN SVEDBERG HELGESSON AND ULRIKA MRTH |
Contributors
Anthony Amicelle is a doctoral candidate in political science (international relations) at Sciences Po Paris/Centre for International Studies and Research (CERI). He is currently Teaching Assistant (ATER) at Sciences Po Lille and he is affiliated with the Lille Centre for Politics and Administration (CERAPS). His main research interests revolve around antiterrorist policies, international mobilization against dirty money and practices of financial surveillance in Europe.
Gilles Favarel-Garrigues is CNRS Research Fellow in Sciences Po/CERI, Paris. He has recently co-edited, with Jean-Louis Briquet, Organized Crime and States: The Hidden Face of Politics (Palgrave MacMillan, 2010). His book Policing Economic Crime in Russia: From Planned Economy to Privatization will be published by Hurst and Columbia University Press in 2011.
Thierry Godefroy is CNRS Research Fellow in CESDIP, Guyancourt. He has recently published with G. Favarel-Garrigues and P. Lascoumes: Les sentinelles de largent sale: Les banques aux prises avec lantiblanchiment ( Dirty Money Sentinels: Banks and Anti Money Laundering ) (La dcouverte, 2009).
Jan Hallenberg is Professor of Political Science at the Swedish National Defence College and adjunct Professor at the Department of Political Science, Stockholm University. He has written and co-edited several books on international relations, among them The Iraq War: European Perspectives on Politics, Strategy and Operations (Routledge) and The European Union and Strategy (Routledge).