From individual to shared responsibility for financial crime

Abstract

Analysing individual acts committed by financial criminals requires not only addressing the collective perception of individual responsibility but also the need for shared responsibility in the fight against financial crime. Given that financial crime impacts both on the functioning and financing of society, this paper highlights the need to explore the far-reaching implications of every criminal act. Engaging the necessary resources to effectively and collectively combat this scourge cannot be achieved if analysis is restricted to the nature of criminal acts and motives of the perpetrators.