Discusses how important perceptions of tax fairness can be in forming tax‐compliant behaviour in various jurisdictions, based on a crosscultural study of Australia and Hong Kong. Defines fairness and its relationship with legitimacy. Describes a tax survey questionnaire administered to...

Purpose – The aim of this paper is to examine public awareness and perceptions on corruption in Australia, a country that traditionally has been viewed as having relatively low levels of corruption. Design/methodology/approach – The paper presents the findings of a random telephone survey of...

Purpose – The purpose of this paper is to discuss the subject of politically exposed persons (PEPs) and some of the major issues associated with them. PEPs as a specific category are receiving increased attention from governments, law enforcement agencies and international organisations such...

Most financial services regulators and compliance professionals are familiar with the term ‘white collar crime’, and may have encountered white collar criminals or examples of white collar crime while carrying out their regulatory responsibilities. However, the majority of regulatory or...

Scandals are a recurring feature of UK financial services and they were probably more common in the 1840s than they are in the 1990s. There is no overwhelming evidence that general financial practice is less ethical than it was and it appears more likely that ethical standards have risen. They...

The purpose of this paper is to provide some reflections on the Australian experience of ‘Big Bang’ regulatory reform. The analysis is confined to the recent legislation passed on 1st July, 1998 and the reform processes that fuelled these regulatory innovations.

There are increasing levels of concern in many countries about the threat posed by organised crime to established political structures and processes. This analysis considers some of the issues associated with the political influence of organised crime.

Most people in Western countries are more likely to associate the term underground banking with an automatic teller machine in a subway station, than with complex infrastructures of financial remittance that may be utilised either to by‐pass completely conventional banking facilities and...