The Journal of Accounting and Management, Vol 2, No 1 (2012)

Abstract

Economic and financial crime in its complexity, included practically all spheres of economy. One can notice, more frequently, an intersection of violent crime with economic and financial crime. Practice shows, more strongly, that the authorities face, with great difficulty, this veritable explosion acts of crime. Starting from the fact that the phenomenon of economic and financial crime occurs on a background of a radical social change during the international financial crisis, the perspective does not provide grounds for optimism. There are forms of economic and financial crime which developed by their own laws.

In this context national and European bodies charged with preventing and combating financial and economic crime must adopt effective management to meet the new challenges posed by organized crime groups specialized in the commission of economic crimes with transnational character.