Money Laundering and Terrorism Financing through Hawala Money Transfer Operators

Money Laundering and Terrorism Financing through Hawala Money Transfer Operators investigates the historical, contemporary, and future orientations of the hawala system as it exists at the nexus of national security policy and practice, money laundering, and the financing of terrorism and criminal activity. It examines the emerging connections between criminal and terrorist organisations that aim to exploit this time-honoured system for their unlawful and violent intentions, states, and financial systems. The book offers a thorough examination of a topic that is frequently framed and seen as a major security threat on a local, national, and international scale. Inconsistent state regulations, inadequate international regulatory oversight, and misinformed policy all contribute to the complexity of the issue. It integrates empirical and substantive data and analyses with conceptual approaches to the hawala informal remittance system and its exploitation by criminal and terrorist actors. Scott N. Romaniuk is a research fellow at the Corvinus Centre for Contemporary Asia Studies (CAS) within the Corvinus Institute for Advanced Studies (CIAS) at Corvinus University of Budapest, Hungary, and a senior research affiliate with the Canadian Network for Research on Terrorism, Security and Society (TSAS). Amparo Pamela Fabe is a visiting fellow at the International Centre of Security and Policing at the University of South Wales. She is an anti-money laundering and counter-terrorism financing expert and the Philippine National Police Representative to the ASEAN Senior Officials’ Meeting on Transnational Crime (SOMTC) and Women, Peace, and Security. Joan Andrea Toledo is a counterterrorism expert for the Armed Forces of the Philippines. She is also an investigative journalist, covering child soldiers, women involved in terrorism, and jihadi organisations. Animesh Roul is the executive director of the New Delhi-based policy research group, Society for the Study of Peace and Conflict. He specialises in counterterrorism, radical Islam, terror financing, and armed conflict and violence in South Asia. Debasish Nandy is an associate professor and head of the Department of Political Science at Kazi Nazrul University, India. He is the coordinator of the Centre for Studies of South and South-East Asian Societies at the same university.