Reckless Money Laundering: Some Reflections on Prevention Regulations and the Duty of Care*

Authors

  • Eduardo Demetrio Crespo University of Castilla-La Mancha

DOI:

https://doi.org/10.33423/jlae.v16i4.2369

Keywords:

Leadership, Accountability, Ethics, Reckless Laundering, Duty of Care, Especially Obliged Subjects, Deliberate Ignorance, Eventual Intent, Serious Imprudence

Abstract

Article 301.3 of the Spanish Criminal Code punishes money laundering if the facts prove serious imprudence with the imprisonment of six months to two years and a fine triple the amount. This classification is controversial because of doubts surrounding typical scope which requires clarification of interpretation criteria regarding the duty of care required and the active subject. Although the violation of administrative regulations can serve as an orientation parameter, there is no automatism in this regard.

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Published

2019-11-26

How to Cite

Crespo, E. D. (2019). Reckless Money Laundering: Some Reflections on Prevention Regulations and the Duty of Care*. Journal of Leadership, Accountability and Ethics, 16(4). https://doi.org/10.33423/jlae.v16i4.2369

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Section

Articles