An Empirical Study of Money Laundering Offending in Hong Kong
Grant Data
Project Title
An Empirical Study of Money Laundering Offending in Hong Kong
Principal Investigator
Professor Young, Simon Ngai Man
(Principal Investigator (PI))
Duration
30
Start Date
2020-01-01
Amount
719984
Conference Title
An Empirical Study of Money Laundering Offending in Hong Kong
Keywords
Civil Penalties, Decriminalisation, Hong Kong, Law Reform, Money Laundering
Discipline
Law
Panel
Humanities & Social Sciences (H)
HKU Project Code
17603319
Grant Type
General Research Fund (GRF)
Funding Year
2019
Status
Completed
Objectives
1. To identify the typologies of money laundering and the motivations of offenders in money laundering cases prosecuted in the District Court and Magistrates Court of Hong Kong from 2009 to 2019. 2. To assess whether there should be any reform of the criminal offence of money laundering, particularly whether its scope should be narrowed, having regard to the types of cases and defendants currently caught by the offence. 3. To assess the merits of introducing non-criminal law alternative measures (e.g. civil penalties, injunctions, disqualifications, confiscation) to address money laundering, particularly whether such measures would be compatible with Hong Kong's international anti-money laundering commitments. 4. To publish at least two articles in refereed international journals on the empirical findings of money laundering offending and on proposals for possible law reform of the money laundering offence including the introduction of alternative measures.