KORPORATIVNA SIGURNOST S EKONOMSKOG I PRAVNOG ASPEKTA S OSVRTOM NA PRANJE NOVCA/ CORPORATE SECURITY IN TERMS OF ECONOMIC AND LEGAL ASPECTS WITH REFERENCE TO MONEY LAUNDERING

Abstract

In the conditions of globalization and market liberalization, corporate security is not only an important factor in ensuring competitive advantage of businesses, but also a factor that strongly affects the confidence of investors and business partners in a given national economy. The development of corporate security is important for countries such as Croatia and Bosnia and Herzegovina. An important segment of corporate security is to prevent money laundering and financing terrorism, since the money laundering as a criminal activity is one of the globally most widespread crimes. The degree of organization that characterizes this act, the variety of ways of its implementation, its international character and the undeniable fact that the largest number of criminal offenses of organized crime initiated by property used as basic motives, where the money laundering accompanying crime. Nowadays, this is one of the most complex crimes both, in relation to the intention and realization of the substance of a crime as well as in relation to the detection of the offence and the offender, so that the prevention, detection and processing require exceptional organization and coordination of all relevant institutions. This assignment presents an analysis of the systems to prevent money laundering and financing of terrorism in the Republic of Croatia and Bosnia and Herzegovina with international recommendations. Results show that the international cooperation and the adoption of international standards in this matter are the fundamental prerequisites for a successful struggle against money laundering and terrorist financing.