Jusletter IT

Tracking of financial movements

  • Authors: Janos Böszörmenyi / Erich Schweighofer
  • Category: Articles
  • Region: Austria
  • Field of law: SMART-Workshop--Surveillance-Technologies-and-Privacy
  • Collection: Tagungsband IRIS 2014
  • Citation: Janos Böszörmenyi / Erich Schweighofer, Tracking of financial movements, in: Jusletter IT 20 February 2014
The use of automated systems is a necessity to detect criminal activities, such as money laundering, terrorism financing and fraud in today’s highly complex financial systems. The legislator passes on responsibility to the private sector which deals with the challenges of crime prevention and detection by deploying different means provided by a vibrant industry. Compliance as a regulation model decreases infringements of fundamental rights by public authorities, but raises several new problems which need to be dealt with.

Inhaltsverzeichnis

  • 1. Introduction
  • 2. Grounds for Establishment
  • 3. Transaction Monitoring
  • 4. Watch Lists
  • 5. Fundamental Rights
  • 6. Best Practices
  • 6.1. GIANOS
  • 6.2. Ma³tch Technology
  • 7. Conclusions
  • 8. References

No comments

There are no comments yet

Ihr Kommentar zu diesem Beitrag

AbonnentInnen dieser Zeitschrift können sich an der Diskussion beteiligen. Bitte loggen Sie sich ein, um Kommentare verfassen zu können.