White-Collar Crime at 75: International Perspectives and Financial Markets

Session Submission Type: Complete Thematic Panel

Abstract

The panellists in this session look at a variety of enforcement efforts undertaken to tackle fraud and corporate crimes in the financial markets. Using studies from four countries, the perspectives are wide-ranging, and include a focus on individual offenders and large corporations; a focus on regulatory and criminal justice responses, and the variations in the mobilisation of these systems in times of crisis.
Some of the questions that will be explored are:
- What is the relationship between regulatory and criminal justice responses to securities (stock market) fraud?
- How can powerful economic actors with specialized financial knowledge and resources be controlled by governmental reaction?
- How to tackle financial crime in a borderless market when regulators are local with poor inter-organizational cooperation?
- What factors are at stake in prompting different responses to financial crime in a comparative perspective?
The complex and increasingly global nature of the financial markets is equally reflected in the special challenges regulators and prosecutors alike face in detecting, investigating and sanctioning fraud and corporate crime within them.

Sub Unit

• Area II. Types of Offending and Victimization / 22. White Collar, Occupational, Organizational and Corporate Crime

Individual Presentations

• Financial Crime in Canada - Too Many Regulators? - Laureen Snider, Queen's University

• The Role of the Criminal Sanction in Controlling Securities Fraud - Kip Schlegel, Indiana University

• Governmental Reactions to the Financial Meltdown of 2008 - Susan Will, John Jay College of Criminal Justice

• Sanctioning Corporate Crime in the Financial Markets - Aleksandra Jordanoska, Queen Mary, University of London

Chair

• Aleksandra Jordanoska, Queen Mary, University of London

Discussant

• Gregg Barak, Eastern Michigan University