A Study of Financial Crimes in the Banking Sector of Bangladesh

  • Musnun Kabir
  • Md. Mosharaf Hosen
DOI: https://doi.org/10.36079/lamintang.ijlapp-0602.677
Keywords: Banking Scandals, Banking Sector,, Financial Crime, Legal Reform, Scam

Abstract

In recent years, Bangladesh has witnessed significant financial crimes within the banking sector, which pose a serious concern for the country. This research investigates the nature and contributing factors of financial crime in the banking sector, along with its primary causes and consequences. The study adopts a qualitative and descriptive approach to examine the modus operandi and impacts of such crimes. Secondary data have been collected from relevant literature, annual reports of Bangladesh Bank, and reviews of pertinent laws and legal cases. Additionally, this study explores various legal measures that can be implemented to curb financial crime in the banking sector. It also highlights the most critical actions that could be taken to prevent these crimes. The aim is for readers to gain a deeper understanding of financial crime and the mechanisms by which law enforcement addresses such offenses. The researcher has analyzed the nature, causes, effects, and potential preventive measures regarding financial crime in Bangladesh's banking sector.

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Author Biographies

Musnun Kabir

Law Discipline, Khulna University. Khulna, Bangladesh.

Md. Mosharaf Hosen

Law Discipline, Khulna University. Khulna, Bangladesh.

This is an open access article, licensed under CC-BY-SA

Creative Commons License
Published
        Views : 167
2024-09-20
    Downloads : 108
How to Cite
[1]
M. Kabir and M. M. Hosen, “A Study of Financial Crimes in the Banking Sector of Bangladesh”, International Journal of Law and Public Policy, vol. 6, no. 2, pp. 49-57, Sep. 2024.
Issue
Vol 6 No 2: September 2024
Section
Articles

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