Knowledge management in international cooperation for anti-money laundering
| Date | 03 January 2017 |
| Published date | 03 January 2017 |
| DOI | https://doi.org/10.1108/JMLC-09-2015-0040 |
| Pages | 27-34 |
| Author | Noriaki Yasaka |
| Subject Matter | Accounting & Finance,Financial risk/company failure,Financial compliance/regulation,Financial crime |
Knowledge management in
international cooperation for
anti-money laundering
Noriaki Yasaka
School of Knowledge Science,
Japan Advance Institute of Science and Technology, Noumi-City, Japan
Abstract
Purpose –The purpose of this paper is to construct a theoretical hypothesis to explain the organizational
knowledge creation in international cooperation, which aims to contribute to practical problem solving in the
process of knowledge creation.
Design/methodology/approach –This research reveals that anti-money laundering based on the
concept of knowledge and organizational knowledge creation mechanisms could co-evolve in inter-
organizational knowledge.
Findings –By simplifying the knowledge ow of anti-money laundering in international cooperation, the
author illustrates the process of knowledge creation, sharing and utilizing.
Originality/value –This paper used the example of international anti-money laundering activities to
describe knowledge creation, process of knowledge management, organizational structure and the emergence
of international cooperation.
Keywords Organization, Community, Knowledge, Anti-Money laundering, FATF
Paper type Conceptual paper
1. Introduction
Anti-money laundering is a global and pressing issue, as money laundering techniques
become increasingly sophisticated year by year. Money laundering is an international
problem, often carried out by international co-operation – no one country or agency can
succeed alone. This co-operation is necessary at a number of levels and between a number of
different agencies (Commonwealth Secretariat, 2006). The effectiveness of preventive
measure is widely discussed among in the international circle. In the context of ghting
money laundering from the global standpoint, rapid exchanges of information and effective
international cooperation among the various agencies in countries throughout the world
have become a prerequisite to success (The International Bank for Reconstruction and
Development/The World Bank/The International Monetary Fund, 2006). Anti-money
laundering has become a major issue in knowledge sharing and utilization of nancial
institutions for confronting the governments of countries involved in money laundering. The
purpose of this paper is to construct a theoretical hypothesis to explain the organizational
knowledge creation in international cooperation, which aims to contribute to practical
problem solving in the process of knowledge creation.
The major research question (MRQ) and subsidiary research questions (SRQs) of this
paper are as follows:
MRQ. How was “Knowledge” of anti-money laundering managed in international
cooperation?
The current issue and full text archive of this journal is available on Emerald Insight at:
www.emeraldinsight.com/1368-5201.htm
Anti-money
laundering
27
Journalof Money Laundering
Control
Vol.20 No. 1, 2017
pp.27-34
©Emerald Publishing Limited
1368-5201
DOI 10.1108/JMLC-09-2015-0040
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