Research Article

MONEY LAUNDERING AND OTHER FORMS OF FINANCIAL CRIME

ABSTRACT

Financial crime has had a huge growth in the last 30 years. It has a negative dynamic phenomenon that is present all over the world, while having an impact on all spheres in countries. All these points to the fact that financial crime is very unpredictable, with the main goal being to gain as much power or profit as possible based on the illegal methods and approaches that are being applied. Financial crime can be committed by companies, organized crime groups or individuals. Citizens, companies, government structures and, in extreme cases, entire national economies can be victims of this criminality. There are several reasons for the increase in financial crime, the first of which is the low prison sentences for the perpetrators, then the impossibility of proving the acts, but also their insufficient regulation of protection and control measures by the state. Bearing in mind the danger of this trend of growth of this type of crime, there is a clear need for states to stand in the way of the development of financial crime. In this paper a wide literature has been used relevant for the topic. 

REFERENCES

  • Adams, R. (1989) : Auditing – ACCA, The Charractered Assotiationof Certified Accountants, Longman,
  • AmericanInstitute of Certified Public Accountants (2005) (AICPA) Managgement Override of Internal Controls "NewYork,
  • Andrikj M. Ljubisavavljevikj S. & Kermanovikj E. (1997) „Ревизија“ Subotica
  • Arnaudovski Lj. (2007) „Криминологија“ 2nd of August – Shtip, Skopje, , p. 241
  • Ashlatakovska B.T. , ,,Економско казнено право`` -Авторизирани предавања , FON University –Skopje , p.88
  • Bošković, G. (2005),: Pranjenovca, Beograd, p. 5
  • Bošković, M. (2009), “Pranjenovcakaokriminološki i krivično-pravniproblem”, NoviSad, p.13
  • Bozhinovska – Lazarevska Z. (2001) „Ревизија“ Faculty of Economy
  • Bozhinovska Z. (1999) „Меѓународни ревизорски стандарди – импулс за развој на домашната ревизорска професија II“, Economy and business,
  • Donato, M. 2004 Combating black money: Money laundering and terrorism finance, internacionalcooperantig and the G8 role
  • Guihlem F. (2005)Prospering on crime , money laundering and financial crisis, Working paper no,9, p.2
  • Hristovska B. & Spasova T. Анализа на праведно одданочување, (2017), Analitica; Balkan Monitoring Public Finances p.3
  • Jovanovik, D. & Vitorovik, (1989) „Analiza poslovanja preduzeca sa kontrolom i revizijom" Savremenaadministracija, Belgrade
  • Kambovski V. and Naumovski P. (2002) „Корупцијата-најголемо општествено зло и закана за правната држава“ Vlabor –Skopje, p.53
  • Kambovski V. and Tupanchevski N. (2011) ,,Казнено право –посебен дел``, 2nd of August – Shtip, Skopje, 370
  • Milutinovich M. (1985) „ Криминологија“ VI изданје, Савремена администрација, Belgrde, p.161
  • Ministry of finance (2010) „Прирачник за спроведување на мерки и дејствија за спречување на перење на пари и финансирање на тероризам од страна на субјектите“ - Skopje, p.14
  • Nikolovski P.. (2007) „Фискална ревизија“, Faculty of Economy- Prilep,
  • Popovich I. (2012), Пореска утаја у нашемправу., p.6
  • Rodic J, & Markovic I. (1999), Poslovne finansije, Savremena administracija, Beograd
  • Stanoevski S. (1990) „Контрола и ревизија“ Faculty of Economy- Skopje 
  • Taseva S. (2003) „Перење пари“, Skopje, p. 125 Data pons
  • Trajkovski G. (2011) „Спречување на перење на пари кај финансиски институции“ Академски печат, Скопје, p.12
  • Vitorovikj B. & Andrikj M. (1996) „Основи ревизије“ Belgrade
  • Williams F, Транснационалниот организиран криминал и националната и меѓународна безбедност-глобална проценка, Безбедност бр.3/96 p.24
  • Проценка на закани од организиран и сериозен криминал 2015, МВР на РМ (http://www.mvr.gov.mk/Upload/Editor_Upload/publikacii%20pdf/SOCTA_v_2.swf)

 

 

Codes

  • Article 279, paragraph 1 of the Criminal Code of the Republic of Macedonia
  • Article 279, paragraph 2 of the Criminal Code of the Republic of Macedonia
  • Code for Prevention of Money Laundering and Other Proceeds of Crime and Financing of Terrorism (Службен весник бр.. 04/08, 57/10, 35/11, 44/2012 and 43/14)
  • Strasbourg Convention for Money Laundering, Detection, Seizure and Confiscation of Criminal Proceeds adopted by the Council of Europe in 1990

Web Links

 

 

Keywords

Financial crime tax evasion money laundering organized crime business