Which two key issues are addressed under financial crime legislation?

The selection of Money Laundering and Bribery accurately reflects two critical areas addressed under financial crime legislation. Financial crime legislation aims to combat illegal activities that threaten the integrity of financial systems and the economy as a whole.

Money laundering is a significant focus of financial crime legislation because it involves the process of making illegally obtained money appear legitimate. Laws and regulations are in place to prevent the financial system from being used as a conduit for converting illicit gains into usable funds, thereby protecting the integrity of financial institutions.

Bribery is another crucial issue tackled in financial crime frameworks, as it undermines fair competition and can distort financial markets. Legal measures target corruption to ensure transparency and uphold ethical standards across business practices.

In contrast, while fraud, identity theft, insurance fraud, and tax evasion are indeed serious concerns, they may not be as prominently covered in financial crime legislation as money laundering and bribery, which are fundamental to ensuring the stability and trust in financial systems globally.