Making a Killing States, Banks, and Terrorism

Connecting the fields of security studies, political economy, and finance, Ian Oxnevad argues that a bank's institutional link to a state (as a state-owned bank or a bank with strong state connections) will protect it from any enforcement action for violations of anti-money laundering and counter-terrorism financing regulations. In the face of states blocking such enforcement actions, these regulations prove ineffective in preventing the financing of terrorism, as the state's self-interest supersedes its interest in preventing terrorist financing.
Making a Killingseeks to assess how effective new laws and regulations have been, as well as to identify best practices for future attempts to counter the financing of terrorism.