Article Review on Aml Paper

In: Business and Management

Submitted By Shida
Words 440
Pages 2

International Anti-Money Laundering Regulation of Alternative Remittance System Why the Current Approach Does Not Work in Developing Countries

By: Ashida Mohamed Ibrahim GM04455

Article review

Joanna Trautsolt and Jesper Johnson (2012). International anti-money laundering regulation of alternative remittance systems why the current approach does not work in developing countries. Journal of Money Laundering Control, Volume 15, No 4 (2012) 407-420.

The article was written by Ms Joanna Trautsolt and Mr. Jesper Johnson from School of Oriental and African Studies, London and Chr. Michelsen Institute, Bergen, Norway, respectively. The authors conducted comparative case study analysis on the Financial Action Task Force’s (FATF) recommendations in regulating Alternative Remittance Systems (ARS) in Afghanistan and the United Arab Emirates. Based on the article, the results indicated that FATF’s recommendation to regulate informal remittance systems is ineffective in developing countries.
I took note of the authors indication that researches conducted on related issues was minimal, coupled with the inherent limitations in the current regulatory approach. Overall, I was of the opinion that the article was very informative and easy to be read. However, some enhancements could be made in several areas: i. In introduction part and in explaining their arguments, the authors were noted to use quotation of others researches, as well as sources of information directly. Readers would appreciate the article more if the authors assessments and comments on any particular issues is expanded further; ii. Sources of references and methods applied in conducting case studies was not clearly communicated to readers for future research; and iii. The article was…...

Similar Documents

Article Review

...BINDURA UNIVERSITY OF SCIENCE EDUCATION DEPARTMENT OF GEOGRAPHY NAME MATAIRE MUNYARADZI COURSE TITLE DEVELOPMENT POLICIES AND PLANNING COURSE CODE DG 420 PROGRAMME BACHELOR OF SCIENCE HONOURS IN DEGREE IN DEVELOPMENT STUDIES LECTURER DR I MBERENGWA ASSIGNMENT TITLE ARTICLE REVIEW: AN ANALYSIS OF THE IMPACT OF THE FAST TRACK LAND REFORM PROGRAMME ON DISASTER MANAGEMENT IN ZIMBABWE: A CASE OF VUNGU RURAL DISTRICT (2000-2009) BY: CHIEDZA KIMBERLEY CHABHONGORA, CRISPEN HAHLANI AND PERCYSLAGE CHIGORA (2010) TITLE: An analysis of the impact of the fast track land reform programme on disaster management in Zimbabwe: A case of Vungu rural district (2000-2009). PROBLEM: The fast track land reform program (FTLRP) in Zimbabwe did not adequately address disaster management and environmental sustainability. The process was chaotic and failed to meet the real needs of the people but in fact strived to achieve political agendas. The FTLRP was poorly planned because there was no supportive infrastructure and systems that were meant to assist the newly resettled famers. As such production on the farms dropped significantly leading to the farmers engaging in other livelihood activities which were detrimental to the environment and which increased the vulnerability of the people to drought. OBJECTIVES: • To analyze the......

Words: 860 - Pages: 4

Article Review

...An Article Review on “Ethical Investment Processes and Outcomes” The article titled “Ethical Investment Processes and Outcomes”was written by Grant Michelson, Nick Wailes, Sandra van der Lean, and Geoff Frost. It was published in Journal of Business Ethics by Springer. This article presents the overview of the current debates of the ethical investment and helps in better understanding the complexity of the relationship between the investment practices and corporate behavior. This paper provides the knowledge into the process and outcomes of the ethical investment from the decision by the individual and institution to invest right through to the consequences of ethical investment for special interest groups. Besides, it also determines who invests in socially responsible investment, the process of ethical investments, does the ethical investment pay s or not, does it matter or not and the future challenges it possess. The author has been able to make us clear about what actually is the ethical investment. The processes of ethical investment mentioned are also quite clear i.e. more emphasis have been given to the screening part of the investment portfolio. In the overall basis, he has been able to make the vision clear of the readers about the issue. They have made the summation of the issue very clear. But however, it doesn’t provide adequate research evidence in order to support the idea related to who actually invests in the socially responsible investment. In some......

Words: 404 - Pages: 2

Article Review

...Article Review HRM 599-Benefits The article I have researched for this article review was written according to the New York Times was about “how a small business owners have problems with unemployment claims and one owner who was surprised when an unemployment claim came across her desk by an employee who had quit more than a year before (Mount, 2011)”. Her company who had hired the employee after the employee’s company had went out of business then that owner rehired the employee after his business became booming again then he went out of business which left that employee unemployed so the owner of the company was responsible for the unemployment claim. Since the owner’s account was put into deficit that threatened her unemployment insurance tax rate even though the employee had voluntarily left her company. The owner felt that this claim shouldn’t be right and that she would be afraid to hire anyone else. Another employer unknowing of the law hired and then fired an employee without proper documentation leading to the employee obtaining unemployment benefits in which they learned their lesson and had no trouble since they filed the proper documentation. With the current economy in the condition it is in and at the unemployment rate at the time of the article at 9 percent which is really high, smaller businesses don’t understand how the unemployment insurance premiums are computed. With the system it varies by state to state but the owner’s should understand......

Words: 1108 - Pages: 5

Article Review

...Article Review University of Phoenix MGT/426 Managing Change in the Workplace May 13, 2013 Article Review The article titled “Putting the positive in change creates an inspired work team” discusses the steps needed to take in order to implement change. For example the article discusses the benefits to realizing the need for change, the benefits of setting goals when implementing change as well explaining why change is good and the positive values which both businesses as well as individuals will gain when undergoing change. The article utilizes an example of using preregistration techniques in order to cut back on customer feedback within the United states. The author of this article discusses the importance of team leaders and managers being proactive within the workplace. The author explains that in order to effectively manage the change within a business or organization managers and leaders’ need to remain active within the process. Remaining active and honest with all employee’s will help in ensuring that all individuals within that particular area within the organization are on the same page and provides the individuals with a sense of accomplishment. The author makes it a point to explain to the readers as to why change is positive and how presenting the correct attitude when contemplating or implementing change will have the ability to either create a smooth running change process......

Words: 511 - Pages: 3

Article Review

...Article Review Danielle Carr Law 421 January 27, 2014 Abstract This paper will be a review about an article. Also it will assess the different types of legal protections for intellectual property. It will analyze the legal issues of e-business. That will include intellectual property, privacy. Ethics, and security. Article Review This paper will be a review about an article. It will assess the different types of legal protections for intellectual property. It will analyze the legal issues of e-business. With that it will also include intellectual property, privacy. Ethics, and security. This article is about Apple and their history of legal disputes between Apple, the computer company, and Apple, the Beatles’ record company. The disputes were about the same thing every time and that was their similar logos. The two companies have gone to court twice for this before. They went to court in 1981 and in 1991. They are now going back to court saying that the computer company is over stepping its bounds of the agreement that has been made. There are four types of intellectual properties. The types are copyrights, patents, trademarks, and trade secrets. “A patent grants property rights on inventions, allowing the patent holder to exclude others from making, selling or using the invention. A trademark is a word, phrase, symbol, or design that distinguishes the source of the goods of one business from its competitors. A trade secret is a formula, process, device, or other......

Words: 516 - Pages: 3

Article Review Paper

... February, 26 2014 Carmen Guzman Paper on Article Review Paper Individual Article Review A leading community health concern throughout the Upper Cumberland of New Jersey is diabetes .All the Diabetes Center at New Jersey offers informative education about diabetes. The background provides the ability to educate patients and family with the skills needed to self-manage his or her health. Patients with diabetes can expect to live a full and productive life, however; changes in lifestyle and diet are necessary. All Diabetes Centers focuses on teaching patients the proper ways of making the alterations easier so as to maintain a healthy lifestyle. Community Health Issue for New Jersey Diabetes has and always will come into the general category of a serious health issue throughout the United States. However, the disease is particularly problematic in New Jersey. The state holds around 800,000 NJ and fight diabetes and prediabetes every day. Sixth highest position in the country that pertains to what percentage of individuals suffering with diabetes compare to that of the general population. As a result of the mortality rate brought on by diabetes-related deaths, New Jersey ranks the 10th highest in the United States. ......

Words: 834 - Pages: 4

Article Review

...The article I chose to review and analyze was “Teaching Business Communication: Past Present and Future”, by Bertha Du-Babcock. This article talks about the art of teaching business communications in the past, present and in the future. The author talks about taking the fundamentals from the past and modifying them accordingly to use them in the present. There are many areas where these practices are more specifically designed toward native English speaking students, and to be used in the American business community. This offered a somewhat limited perspective on communication. The author also shares her opinion that the teaching of business communication is in transition at this point. Globalization is causing major changes to the way people communicate, and this would have an obvious effect on the ways teachers convey the topic. Where as communication has in the past been geared toward the American business climate, now communication transmissions undergo translation into many different languages and many different countries, cultures and communication dynamics. This has an obvious effect on the construction of the messages conveyed today. The author talks about some of the challenges faced by business communications teachers. Also new mediums of communication have emerged. Electronic communication has taken precedence over traditional mediums, making communication instant, sometimes thoughtless. The author discusses how she has modified her teaching style to......

Words: 824 - Pages: 4

Article Review

...Consumer Psychology Article Review Annie Pettigrew PSY322 May 10, 2014 Chawn Williams Consumer Psychology Article Review “Consumer psychology is a specialty area that studies how our thoughts, beliefs, feelings and perceptions influence how people buy and relate to goods and services. One formal definition of the field describes it as "the study of individuals, groups, or organizations and the processes they use to select, secure, use, and dispose of products, services, experiences, or ideas to satisfy needs and the impacts that these processes have on the consumer and society"." Professionals in this field look at things like the decision making-process, social persuasion and motivation to help understand why shoppers buy some things but not others. In this overview of the profession, learn more about what consumer psychologists do and where they work (, 2014).” In the article, The Consumer Psychology of Brands, the consumer judgment of brands is discussed. The article shows a model of brands that includes practical studies such as brand categorization, brand affect, brand personality, brand symbolism and brand attachment. “The model below shows the difference between three levels of how a consumer engages (object centered, self-centered, and social) and five process (identifying, experiencing, integrating, signifying and connecting). The article concludes with research ideas to test the model using both standard and consumer-neuroscience methods.......

Words: 865 - Pages: 4

Article Review

...Article Review Jennifer Abruscati LAW/421 June 2, 2014 Stacey Mealey Article Review The “High Court Ruling Only Tweaks Sarbanes-Oxley Act” article refers to the Supreme Court ruling in the case Free Enterprise Fund v. PCAOB. The United States Supreme Court upheld the constitutionality of all of the Sarbanes-Oxley Act and it will remain “fully operative as law”, except for one provision that allows the Securities Exchange Committee (SEC) to remove PCAOB members on good cause only. The Supreme Court decided that this provision did not agree with the United States Constitution’s premise of separation of powers, giving authority to the president, not the SEC, to appoint or fire PCAOB members. The Sarbanes-Oxley Act was passed through the U.S. Congress in 2002 after various corporate accounting scandals, such as Enron. Financial statements were falsified to make the corporation look more appealing to investors and for those who invested and believed Enron’s financial position to be true, lost everything. How would investors know if they are making a good investment? Investors were scared to invest in corporations because financial statements were not regulated. The SOX Act was created to protect investors from corporations that use fraudulent accounting activities by enforcing policies and regulations for reporting financial statements and holding companies accountable that used fraudulent methods. Today, the SOX Act is an integral part of all corporations......

Words: 420 - Pages: 2

Article Review

... The Use of Prayer and Scripture in CBT Article Review Liberty University Summary The article entitled “Use of Prayer and Scripture in Cognitive Behavioral Therapy” discusses the use of prayer and scripture in a Christian view of Cognitive Behavioral Therapy (Tan, S. 2007). The article also discusses the expansion of cognitive Behavior Therapy to include Mindfulness Based Cognitive Behavioral therapy, Acceptance and Commitment Therapy and Dialectical Behavior Therapy (Tan, S. 2007). The article also discusses implicit and explicit integration in therapy (Tan, S. 2007). The article begins by discussing the research behind Cognitive Behavioral Therapy (Tan, S. 2007) . The article states that it is the most empirically supported therapy treatments(Tan, S. 2007) . Cognitive Behavioral Therapy is used to treat many psychological illnesses (Tan, S. 2007). The author points out that that empirically supported therapy relationships and empirically supported principles of therapeutic change have also played an important role in Cognitive Behavioral Therapy research (Tan, S. 2007). The article goes on to discuss the history of Cognitive Behavioral Therapy (Tan, S. 2007). The history can be divided into three generations (Tan, S. 2007). The first generation included traditional behavioral therapy (Tan, S. 2007). The second generation included Cognitive Behavioral Therapy (Tan, S. 2007). The third generation includes relatively contextual approaches (Tan, S. 2007). These......

Words: 2272 - Pages: 10

Article Review

...Article Review Raymondo D Bookert MGT/426 August 13, 2014 Jeff Mausig Article Review Time and change are the two things that we always have to think about, no matter what you do as a job or life. If you are not willing to change and understand the time that we live then success will never be an option. The article that really impressed was from the required readings from University of Phoenix. The article title is Putting the Positive in Change Creates an Inspired Work Team. This paper will discuss the article, the author’s conclusion and/or recommendation, my conclusion and/or recommendation, and how the concept in the article applies to my organization. Individuals that are in the health care business need to understand what it takes to be successful. Understanding the many steps it will take to attain the goal is what the author had in mind. Since it is the healthcare environment that is every changing then it would be great for the reader to understand this very truth. These steps planned out by the author allow those in the health care provisions to attain a higher accuracy rate. There are many different ways to do have a positive change in the work force through teamwork. The ideas that were given are very beneficial to the team. Some of the main points were to be open, cultivate change, to positively embrace change, and then to encourage change. The idea very well might be the best ideas for teamwork. You must be open, and understand that if you are open that...

Words: 729 - Pages: 3

Article Review

...Article Review on “Ethical Investment Processes and Outcomes” Article Review on “Ethical Investment Processes and Outcomes” The paper studies the motives and actions of individual and institutional investors, discusses the various mechanisms associated with ethical investment, and assesses the impact of ethical investment on the behavior of the organization. This paper highlights the key themes in the field and identifies some of the major theoretical and practical challenges facing both scholars and practitioners. Ethical investment has emerged in recent years as a fashionable and increasingly popular topic in the financial services industry. Objectives  • To highlight the key themes in the research literature. • To evaluate the outcomes of ethical investment for special interest groups. • To discuss the various processes or mechanisms associated with ethical investment. • To assess the impact of ethical investment on the behavior of the organization. Processes  Process of socially responsible investing includes the development of mechanisms which inform actual and potential investors about the involvement of organizations in activities which are seen either as of concern or are attractive in ethical terms. There are two major ways of establishing whether an investment is ethical. The first is to apply a negative screen (a "never if" case) whereby certain businesses are avoided, presumably because they are injurious to human health.   The second way is to apply a......

Words: 299 - Pages: 2

Article Review

...ARTICLE REVIEW Annual AAFPRS Survey Finds ‘Selfie’ Trend Increases Demand for Facial Plastic Surgery Urbana University BSG 506: Marketing May 18, 2014 ARTICLE REVIEW In this paper, I summarize the article and offer comments about selected aspects, identify some information in the article, and suggest areas where additional research findings would assist in the understanding the current state of medical care in regard to the issues raised. Article Summary In March 2014, the American Academy of Facial Plastic and Reconstructive Surgery (AAFPRS) released an article where they inform the reader about the relationship between the ‘selfie’ trend and the increase demand for facial plastic surgery. Methodology Behind The Study For this study the AAFPRS studied a “select group of the organization’s 2,700 members to uncover the latest trends in facial plastic surgery.” Findings “The study revealed that one in three facial plastic surgeons surveyes saw an increase in requests for procedures due to patients being more self aware of looks in social media.” The members that completed the survey stated that they noted an increase of 10% during 2013 when compared to 2012 of patients getting rhinoplasty; a 7% increase in hair transplant and a 6% increase in eyelid surgery. It was also reported by the surgeons that they saw an increase in patients under the age of 30 getting procedures done. Critical Reflections It is not...

Words: 521 - Pages: 3

Article Review

...Article Review Silvia Arambula MGT 426 December 7, 2015 Robert Sell Article Review Learning Organization is an organization that acquires knowledge and innovates fast enough to survive and thrive in a rapidly changing environment. Learning organizations (1) create a culture that encourages and supports continuous employee learning, critical thinking, and risk taking with new ideas, (2) allow mistakes, and value employee contributions, (3) learn from experience and experiment, and (4) disseminate the new knowledge throughout the organization for incorporation into day-to-day activities (, 2014). The main difference is that organizational learning has focused on observation and analysis of the processes of individual and collective learning within organizations, whereas the literature on learning organizations is action oriented and geared towards applying specific diagnostic and evaluative methodological tools that can contribute to identifying, promoting and assessing the quality of learning processes in the organization (Wathne, 2012). Article Summary There are many significant factors of an efficacious business organization at the currently evolving, shifting and vigorous global business setting, one of these significant factors are organizational learning and institutionalization of the learning organization. It is worth taking that one of the crucial components of an organization is its employees and the commitment and loyalty of its......

Words: 844 - Pages: 4

Article Review

...The overall purpose of the article is to gain a better understanding behind the attitudes and personal opinions of having a smoke-free campus. It continues to go into more specific depth regarding a smoke-free campus such as the most effective way to initiate and retain a smoke-free campus. Within this pool of knowledge, it will show some of the main reasoning behind why people that smoke want to keep a campus from becoming smoke-free and will also show people urges behind wanting a campus to become smoke-free. This will give two fully biased views from both complete opposites (a smoke-free campus versus a smoking campus.) Some of the bigger issues that Cho and DeVaney wanted to evaluate the motives behind the college students. This includes the variety of thinking and learning methods, reasons behind their actions, and meanings that give the students their urges towards these actions. By doing so, it will assist in understanding the motives, attitudes, and urges on a deeper level by evaluating “why” they want what they want, and “why” they did what they did. Another issue that the authors wanted to acknowledge is the college students’ reactions as well as their actions. They wanted to understand how the students would react to a change in the smoking policy at their college and what they would do to fix it if they did not like it or how they would help enforce the policy if they did like it. Cho and DeVaney conducted their research in two types of methods: field......

Words: 1118 - Pages: 5