Securitization, Accountability and Risk Management Transforming the public security domain

• Main Authors: Svedberg Helgesson, Karin, Mörth, Ulrika
• Format: eBook Book
• Language: English
• Published: Abingdon Routledge 2012; Taylor and Francis; Taylor & Francis Group
• Edition: 1
• Series: PRIO New Security Studies
• Subjects: 2001-2011; Asset-backed financing; Banks and banking; Critical Security; EU-Staaten; Finanzmarkt; Geldwäsche; Global Governance; International Relations; Liability (Law); Money laundering; Nationale Sicherheit; Risikomanagement; Security Studies - Pol & Intl Relns; USA; Verbriefung; EU Legal Instrument; Securitization Actor; combating; financial; Ordinary Legislative Procedure; FATF Recommendation; TFTP; Public Private Partnerships; Financial Intelligence Unit; Vice Versa; Securitization Process; Dirty Money; FATF; terrorist; Enhanced Co-operation Procedure; Combat Money Laundering; CNIL; laundering; Money Laundering; terrorism; financing; crime; Public Private Divide; Proliferation Financing; dirty; process; EU Commission Official; European Arrest Warrant; Thierry Balzacq; actor; Judicial Co-operation; AML Directive; EU Member Government; AML Policy; Terrorist Financing
• ISBN: 9780415717694; 9780415680141; 0415717698; 041568014X
• DOI: 10.4324/9780203128282

This edited volume examines the reconstitution of the public security domain since the 9/11 attacks, focusing on the banking sector and anti-money laundering (AML) activity in particular. Since the inception of the 'Financial Action Taskforce' (FATF) in 1989, AML has been viewed as a global problem. This text argues that the securitization of the financial sector as a result of AML has entailed the emergence of a new public security domain, which transcends the classic public-private divide. The analysis in the volume is multidisciplinary and combines concepts and theories from the literature on securitization, the public-private divide, and business/management. The authors argue that the state is under transformation and that the developments in the security field are part of an ongoing renegotiation of the relationship between the state and the business sector. Securitization, Accountability and Risk Management therefore contributes to a deeper understanding of how the power relationships have changed between the public and the private sectors after 9/11. This interdisciplinary book will be of much interest to students of critical security, risk management, business studies, critical legal studies and IR in general.