Haq, Md Zahurul (2022) Emerging E-Commerce Platforms and Money Laundering in Bangladesh: A Critical Analysis of the Policy Response by the Government. In: Proceedings: Seminar on Law and Society 2022 (SOLAS VI), Theme: "Sustainability In Society: Legal Response", 8 & 9 November 2022, UUM Sintok, Kedah.

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Abstract

This research aims to explore the e-commerce regulations in Bangladesh in the wake of growing criticism that they are not enough to curve fraudulent activities in the online marketplace. As a member of the global community against money laundering, Bangladesh must close all possible loopholes in financial transactions that criminals could exploit. This research applied an experimental design. It studies the laws and ministerial guidelines on e-commerce in Bangladesh to understand the 'legal and regulatory framework' on payment solutions. The findings demonstrate that Bangladesh's regulatory responses towards fraud prevention and detection in the e­commerce sector are inadequate. On top of that, the regulators are often unwilling to enforce available provisions for several reasons, including a lack of knowledge and coordination among the agencies.

Item Type:	Conference or Workshop Item (Paper)
Additional Information:	e ISBN 978•967•26060•2-4
Uncontrolled Keywords:	e-commerce, Bangladesh, regulations, financial crime
Subjects:	K Law > K Law (General)
Divisions:	School of Law
Depositing User:	Mrs Nurin Jazlina Hamid
Date Deposited:	27 Feb 2024 15:15
Last Modified:	27 Feb 2024 15:15
URI:	https://repo.uum.edu.my/id/eprint/30474

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