Bearer Negotiable Instruments: Addressing a Financial Intelligence Gap and Identifying Criminogenic Weaknesses
Date of Degree
F. Warren Benton
Henry N. Pontell
Joshua D. Freilich
Ronald V. G. Clarke
Accounting | Accounting Law | Banking and Finance Law | Business | Business Administration, Management, and Operations | Business Intelligence | Business Law, Public Responsibility, and Ethics | Corporate Finance | Criminal Law | Criminology | Economic History | Economics | European Law | Finance and Financial Management | International Law | Law | Law and Economics | Public Affairs, Public Policy and Public Administration | Securities Law | Social and Behavioral Sciences | State and Local Government Law | Taxation | Taxation-Federal | Taxation-State and Local | Tax Law | Terrorism Studies | Transnational Law
bearer negotiable instruments, bearer financial instruments, bearer monetary instruments, bearer payment instruments, bearer instruments, money laundering, terrorist financing, tax evasion
Bearer Negotiable Instruments (BNI) are a long-standing category of financial instruments used to transfer large amounts of money in ways that may not be subject to regulation, reporting, tracking, review, or oversight. There is limited information available on BNIs, and no evidence that any studies have been undertaken on BNIs alone, much less reported. Increasingly, BNIs are being used for illegal purposes including money laundering. This study gathers information about their characteristics, nature, purpose, legal status, and numbers. It also focuses on the crime risks associated with BNIs, the crime opportunities they facilitate, and the criminal weaknesses in the financial instruments themselves. Data and knowledge are obtained to provide a sound basis for further study and analysis, and to make policy recommendations that reflect practical, corrective, and preventative measures to reduce future crime using BNIs.
Kegg, Hollis B., "Bearer Negotiable Instruments: Addressing a Financial Intelligence Gap and Identifying Criminogenic Weaknesses" (2023). CUNY Academic Works.
Accounting Commons, Accounting Law Commons, Banking and Finance Law Commons, Business Administration, Management, and Operations Commons, Business Intelligence Commons, Business Law, Public Responsibility, and Ethics Commons, Corporate Finance Commons, Criminal Law Commons, Criminology Commons, Economic History Commons, European Law Commons, Finance and Financial Management Commons, International Law Commons, Law and Economics Commons, Securities Law Commons, State and Local Government Law Commons, Taxation Commons, Taxation-Federal Commons, Taxation-State and Local Commons, Tax Law Commons, Terrorism Studies Commons, Transnational Law Commons