Examines the involvement of the banking sector in money laundering over the last two decades, in particular the relationship between banks and money laundering when governments’ attitudes vary and change. Describes the design of the research, which uses multiple regression, Chow and dummy variable correlation, and partial correlation to compare countries before and after membership of the Financial Action Task Force (FATF). Lists the countries covered in the analysis: nine are in the FATF and nine are outside it. Lists the countries of the FATF according to whether they have a strong or weak bank/money laundering relationship: Australia, Denmark, Japan, Netherlands, and the United Kingdom have a weaker relationship (with Australia giving the best result in terms of successful governmental enforcement of the law), while Germany, Italy, Singapore and the USA have a stronger relationship. Concludes that FATF does make a difference: most member countries have weaker bank/money laundering relationships in their post‐FATF period.

We attempt to understand the personal incentives that motivate corporate insiders to engage in unethical behavior such as delayed trade disclosure. Delayed disclosure affects corporate transparency and other shareholders in the firm potentially suffer investment losses because they are unaware of insiders' activities. Using archival data from the 300 largest Australian firms between 2007 and 2011, the results show that risk factors such as insider age and tenure and wealth effects in the form of insider shareholdings affect the likelihood of delayed reporting. Governance positions such as committee membership mitigate this behavior. Our study highlights the importance of considering individual insider's wealth and risk factors. The selfmonitoring role of governance positions is also indicative of the effectiveness of internal corporate governance in the prevention of illegal insider behavior.