A key feature of the process of growth in local and global financial crime has been a steep increase in complexity brought about, among other things, by many innovative mechanisms and instruments that have repeatedly blurred the boundaries between financial sectors (Kattan et al., 2009: 353):

Innovative financial products and practices have more often than not generated new linkages among financial agents in different financial sectors. For example, the past 12 years have witnessed a steady growth in cross-sectoral risk transfer between reinsurance and capital markets.