Published Paper Details:

In recent years due to the onset of globalization and consequent economic prosperity, there is an increase in the commission of white collar crimes. One reason attributed for increase in white collar crimes is the growth of corporate sector. Despite their being legal measures to control white collar crimes, we find that in recent times the Asian region particularly in India big corporate names have managed to escape the clutches of law, partly this could be attributed to the growth of countries as important economic players. Sociologists observe this phenomenon as social deviance; however criminologists consider this as an act of violation of the law with the criminal intent. The SAARC nation�s agenda for the welfare of the people of South Asia plays an important role in preventing such crimes. The Prevention of Corruption Amendment Act (2018) of India tries to tackle the problem of white collar crimes. Further the Central Vigilance Commission Act, the Lokpal and Lokayuktha act all have an important role in investigating white collar crimes. The Governance model in South Asia has to take note of the developments around the globe to check the commission of white collar crimes. The Co-operation of International Agencies assisted by local police networks will go a long way in controlling such crimes. Non regulation of white collar crimes may not only negate the economic achievements that the countries are making but also may eat up the social welfare fund of the government. This paper is an attempt to analyse the socio legal problems of white collar crimes in the context of governance model in South Asia