As the world becomes more globalized, so does organized crime and terrorism. Governments must now strive to adapt their laws to the new realities and technologies which the illegal organizations have already begun to exploit.
Market abuse is an all too common occurrence. In the EU, legislators are continually having to adapt to creative new scams. But the debate is in many respects counterproductive to saver protection.
In recent years concern has grown over the uncontrolled proliferation of government funds, otherwise referred to as “sovereign funds.” These funds are often views as potential solutions to capital deficiency problems for states, but in practice they have been more about bailing out strategic companies.
In order to combat terrorism, we must first understand how the phenomenon continues to survive despite efforts to eradicate it. Following the money is perhaps the most important task.