Modiwl ASB-9060:
IPG
Institutional Perspectives of Global Financial Crime 2024-25
ASB-9060
2024-25
Bangor Business School
Module - Semester 1
30 credits
Module Organiser:
Nicola Kirby
Overview
The module considers the legislative and regulatory environment that defines and seeks to control financial crime associated with inappropriate exploitation of the physical environment, and money-laundering based on trade. The resulting economic sanctions that are often introduced to encourage compliance are assessed. The motivations for initial development and persistence of each crime are outlined and how they may be detected. Appropriate policy responses are introduced to counter and combat such crimes.
Assessment Strategy
Threshold C- to C+ (50-59%): Satisfactory performance. No major omissions or inaccuracies in the deployment of information/skills. Some grasp of theoretical/conceptual/practical elements. Integration of theory/practice/information present intermittently in pursuit of the assessed work's objectives. Knowledge of key areas/principles only. Weaknesses in understanding of some areas. Limited evidence of background study. Answer inadequately focused on task and with some irrelevant material and poor structure. Arguments presented but lack coherence. Minor factual/computational errors. Lacking original interpretation.
Good B- to B+ (60-69%): Good performance. Most of the relevant information accurately deployed. Good grasp of theoretical/conceptual/practical elements. Good integration of theory/practice/information in pursuit of the assessed work's objectives. Evidence of the use of creative and reflective skills. Understands most but not all concepts/issues. Evidence of background study. Focused answer with good structure. Arguments presented coherently. Mostly free of factual errors. Some limited original interpretation. Well known links between topics are described. Problems addressed by existing methods/approaches. Good presentation with accurate communication
Excellent standard: 70+ An outstanding performance, exceptionally able. The relevant information is accurately deployed. Excellent grasp of theoretical/conceptual/practice elements. Good integration of theory/practice/information in pursuit of the assessed work's objectives. Strong evidence of the use of creative and reflective skills.
Learning Outcomes
- Research the organisational risk arising from failure to implement policies of due diligence intended to avoid sanctions.
- To critically assess the framework of global regulation & sanctions enforcement, obtained from research, as institutional responses to these forms of crime.
- To evaluate alternative methods to detect such crimes and mitigate their impact on the organisation itself & wider society.
- To research the global supply/value chain & global payment systems as a context in which to comprehend aspects of environmental crime, and trade-based money laundering.
Assessment method
Coursework
Assessment type
Summative
Description
Research that requires the student to identify the ‘current state-of-play’ for institutional perspectives of global financial crime in the student's product & geographic areas of operation for each of the three topics in the module, & assess how these compare to developments in the industry globally. (5500 words).
Weighting
75%
Due date
10/02/2025
Assessment method
Coursework
Assessment type
Summative
Description
A critical evaluation of ‘best practice for risk mitigation’ for institutional perspective of global financial crime as indicated in the study materials & supplementary readings, across the three topics in the module (1500 words)"
Weighting
25%
Due date
31/03/2025