Money laundering in Dubai: strategies and future directions. Issue 3 (8th July 2014)

• Record Type: Journal Article
• Authors: Bin Belaisha, Belaisha; Brooks, Graham
• Is Part Of: Journal of money laundering control. Volume 17:Issue 3(2014)
• Page Start: 343
• Page End: 354
• Publication Date: 2014-07-08
• Subjects: Money laundering -- Police -- Prevention -- Strategies -- Investigation; Money laundering -- Periodicals; Money laundering investigation -- Periodicals; 364.168
• DOI: 10.1108/JMLC-10-2013-0038
• Languages: English
• ISSNs: 1368-5201

Abstract

Abstract : Purpose: – This paper aims to highlight present strategies to prevent money laundering in Dubai. Design/methodology/approach: – Thirty semi-structured interviews were conducted with Anti Money Laundering Suspicion Cases Unit (AMLSCU), Anti Organized Crime Department (AOCD) and Central Bank employees. Findings: – This paper shows that AMLSCU, AOCD and Central Bank employees are aware that future strategies to prevent money laundering are needed. Research limitations/implications: – Limited available secondary data and cases of money laundering. Originality/value: – Interviews with key personnel in main organisations tasked with preventing money laundering in Dubai.