Regulating and Combating Money Laundering and Terrorist Financing eBook PDF (2023)

• 作宇 : Nkechikwu Valerie Azinge-Egbirii
• Publisher: Routledge
• Pages: 344
• Release time: 2021-03-01
• Book number: 9781000351750
• Rating : 4/5(411user)

Book "Regulating and Combating Money Laundering and Terrorist Financing" by Nkechikwu Valerie Azinge-Egbiri PDF

This book reviews analytically the impact of the global anti-money laundering and countering the financing of terrorism (AML/CFT) framework on the trajectory of compliance with the framework in many jurisdictions. This work begins by examining international financial sector reforms and their evolution to instill a global AML/CFT regulatory framework. It challenges the resulting harmonized AML/CFT due to its paradoxical impact on the compliance trajectory of African countries and emerging economies (AC/EE). This is done by examining the prerequisites for effective regulation and compliance drivers for AC/EE, which reveals the behavioral impact of AML/CFT standards on country groups. Through the application of agency theory, it explores, on the one hand, the relationship between AC/EE and the international financial institutions that develop, disseminate and promote adherence to the global framework of AML/CFT standards. The remaining chapters empirically examine AC/EE compliance pressures on AML/CFT standards and the resulting compliance trajectories. The final section of the book explains in detail the AC/EE compliance challenge and the legality of promoting it. This book provides new directions for the impact of global AML/CFT standards on AC/EE and contributes to understanding the conditions under which global standards may facilitate proactive compliance within these country blocs. As such, it will be an invaluable resource for academics, researchers, and policymakers working in the field.

• Author: Alexander Dill
• Publisher: Edward Elgar Press
• Pages: 288
• Release time: 2021-06-25
• ISBN: 9781788974844
• Rating : 4/5(411user)

Alexander Dill's Anti-Money Laundering Regulation and Compliance Book PDF

Anti-Money Laundering Regulation and Compliance: Key issues and practice areas are the comprehensive treatment of Anti-Money Laundering/Counter Financing of Terrorism (AML/CFT) compliance programs, record keeping and reporting requirements, and best practices under the Bank Secrecy Act (BSA) and sanctions regulatory regimes. AML/CFT and sanctions provisions are highly relevant. Onboarding and customer due diligence requirements generate data that is fed into deal monitoring and screening systems.

• By: Tim Parkman
• Publisher: Pearson UK
• Pages: 405
• Release time: 2020
• ISBN: 9781292282374
• Rating : 4/5(411user)

Mastering AML and Countering Terrorist Financing book by Tim Parkman PDF

"The book begins by examining basic terminology and processes, before looking at the framework of international legal and regulatory standards that have developed over the decades, and the necessary activities and organization of the AML CFT Implement risk-based customer due diligence and know-your-customer programs, and continue to examine reputational risk, suspect identification, and international collaboration.The book concludes with two case studies that can be used for internal staff training, covering customer and consumer politics key issues of risk and corruption risks, complex ownership structures, hidden beneficial ownership, and methods of circumventing risk-based international controls." --

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• Publisher: World Bank Press
• Pages: 663
• Release time: 2009
• ISBN: 9780821375709
• Rating : 4/5(411user)

Anonim Book PDF Combating Money Laundering and Financing of Terrorism

Combating Money Laundering and Terrorist Financing: The World Bank's Financial Markets Integrity Unit has developed comprehensive training guidelines to support the World Bank's AML/CFT Capacity Enhancement Program. These modules consist of the following eight modules: Module 1 - Impact on Economic Development and International Standards Module 2 - Legal Requirements to Meet International Standards Module 3a - Regulatory and Institutional Requirements Module 3b - Compliance Requirements for Financial Institutions Module 4 - Establishing Effective FIU Module 5 - Domestic (Inter-Agency) and International Cooperation Module 6 - Combating Terrorist Financing Module 7 - Investigating Money Laundering and Terrorist Financing

• By: Tim Parkman
• Publisher: Pearson UK
• Pages: 248
• Release time: 2012-12-14
• ISBN: 9780273759058
• Rating : 4/5(411user)

Mastering AML and Countering Terrorist Financing by Tim Parkman PDF

This book provides best practice advice on how to meet anti-money laundering (AML) regulations and will help you create an effective framework to meet your legal obligations. It includes a comprehensive selection of example documents, checklists, and an unrivaled collection of training materials.

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• ISBN: 1784714089
• Rating : 4/5(411user)

Anonim Book PDF Combating Money Laundering and Terrorist Financing

• Author : Navin Beecarry
• Publisher: Edward Elgar Press
• Pages: 0
• Release time: 2013
• ISBN: 1849807515
• Rating : 4/5(411user)

Combating Money Laundering and Terrorist Financing by Navin Beecarry PDF

This important book addresses the broader legal, policy and regulatory issues facing the international community in its search for effective ways to combat money laundering and terrorist financing. New threats must always be met with new regulatory and compliance approaches. In addition to the original introduction to the field critically examining the FATF 2012 revision, the editors have selected key papers that focus on the compliance perspective, assessing the task, including studies examining the recent shift from rules-based to rules-based Work a risk-based approach. This book is an essential reference for anyone interested in this dynamic field.

• Authors : Thomas J. Biersteker, Sue E. Eckert
• Publisher: Routledge
• Pages: 361
• Release time: 2007-09-12
• ISBN: 9781134155378
• Rating : 4/5(411user)

Combating Terrorist Financing Books by Thomas J. Biersteker and Sue E. Eckert PDF

Since the 9/11 attacks in the United States, terrorist groups have adapted their financing to evade detection. This volume provides a much-needed analysis of a complex, widely discussed but little-recognized subject by reviewing the international community's efforts over the years to sever the funding of terrorism. While books on terrorism have touched on the topic, this is the first comprehensive, balanced, and scholarly overview of terrorist financing, its methods, and counterterrorism efforts. Combating Terrorist Financing brings together leading analysts in terrorism, international relations, global finance, law, and criminology to provide a critical assessment of international efforts to limit terrorist financing. It evaluates costs and benefits and makes recommendations for more effective policies in the future.

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• Publisher: World Bank Press
• Pages: 304
• Release time: 2009
• ISBN: 9780821379134
• Rating : 4/5(411user)

Anonim Book PDF Preventing Money Laundering and Terrorist Financing

“Money laundering and terrorist financing are serious crimes that affect not only those directly involved, but the entire economy. According to international standards, every bank has an obligation to know its customers and to report suspicious transactions. While these obligations sound simple, the reality is that Proved, challenging to implement. What exactly needs to be collected? How should it be recorded? Should and when a suspicious transaction report must be filed? It is here that regulators can play a key role in helping regulated institutions; The full scope of customer due diligence and suspicious transaction reporting (STR) obligations, and secondly, ensuring that these obligations are not just on paper but in practice. Effective oversight is key to the success of a country's AML/CFT regime. In In this regard, field work in both developed and developing countries shows that compliance is generally low in the regulatory domain of banks and other financial institutions; regulatory compliance is indeed generally lower than the average compliance across all FATF recommendations level. Therefore, by providing examples of good practice, the book aims to help countries better comply with international standards. In this regard, the handbook is specifically designed for banking supervisors.

• Author : Ehi Eric Esoimeme
• Publisher: Dsc Publications Limited
• Pages: 328
• Release time: 2019-06
• ISBN: 9782787892
• Rating : 4/5(411user)

Balancing AML/CFT Requirements and Ehi Eric Esoimeme's Financial Inclusion Book PDF

This book explores the research question of how telecom companies can design anti-money laundering and countering the financing of terrorism (AML/CFT) measures that meet the goals of financial inclusion without compromising existing AML/CFT measures. Measures for socialist financing. Other illegal transactions through the financial system? This book will critically examine the AML/CFT measures in the Guidelines for the Licensing, Regulation and Operation of Telecommunications Companies issued by the Central Bank of Nigeria. The aim is to determine whether the above guidelines take a balanced approach to financial inclusion, anti-money laundering measures and fundamental human rights. Although the main focus of this book is Nigeria, the measures and principles in it can be applied to any country facing the challenge of designing AML/CFT measures for telecommunications companies. Each chapter of this book, from Chapter 2 to Chapter 6, has a Discussion and Conclusion section. The conclusion section provides recommendations for the policies analyzed in the discussion section. No other book takes this approach. The study took the form of a desk study and analyzed various documents and reports such as the National Financial Inclusion Strategy Revised by the Central Bank of Nigeria 2018, the Licensing and Regulatory Guidelines for Payment Services Banks in Nigeria issued by the Central Bank of Nigeria October 2018, Central Bank of Nigeria Financial Institutions Approved Personnel System Assessment Criteria 2015, Bank Revised, Central Bank of Nigeria Code of Corporate Governance for Banks and Discount Companies in Nigeria 2014, Money Laundering (Prohibition) Act of Nigeria, 2011 (as amended), Central Bank of Nigeria (Bank of Nigeria and Other Financial Anti-Money Laundering and Combating the Financing of Terrorism) Regulations, 2013, UK Payment Services Regulations 2017, UK Payment Accounts Regulations 2015, UK Electronic Money Regulations 2011, UK Financial Sector Prevention by the Joint Money Laundering Steering Group June 2017 Money Laundering/Countering the Financing of Terrorism Guidelines Part I [Revised December 2017], United States Federal Financial Institutions Examination Board Bank Secrecy Act/Anti-Money Laundering Examination Manual 2014, Kenya Information and Communications (Amendment) Act 2013, Kenya Information 2015 and Communications (SIM Registration) Regulations, FATF Guidance on a Risk-Based Approach to Combating Money Laundering and Terrorist Financing - High Level Principles and Procedures 2007, FATF on Anti-Money Laundering and Terrorist Financing Measures and Financial Inclusive Guidance 2011, International Anti-Money Laundering Standards and Terrorist Financing and Proliferation (FATF Recommendations) 2012, Financial Action Task Force Guidance on Anti-Money Laundering and Terrorist Financing Measures and Financial Inclusion 2013 and FATF Group Risk-Based Approach Guidance: Prepaid Cards, Mobile Payments and Internet-Based Payment Services 2013.

• Author: International Monetary Fund. Legal Department
• Publisher: International Monetary Fund
• Pages: 368
• Release time: 2018-08-14
• ISBN: 9781484373545
• Rating : 4/5(411user)

International Monetary Fund Liechtenstein. Legal Department Books PDF

This technical note assesses the AML/CFT situation in Liechtenstein. Liechtenstein has taken important steps and made considerable progress since the last mutual evaluation, notably in bringing its legal framework more in line with the recommendations of the Financial Action Task Force and consolidating a comprehensive and robust institutional framework to combat money laundering and terrorism Transparency in terms of financing and moving in a larger direction. Domestic cooperation is strong, with key stakeholders trusted by the financial and non-financial sectors. However, effective implementations are spotty and not always optimal. Liechtenstein's active use of the rem regime for the confiscation of proceeds of crime has proven to be very effective.

• Author: International Monetary Fund
• Publisher: International Monetary Fund
• Pages: 249
• Release time: 2011-09-01
• ISBN: 9781463902322
• Rating : 4/5(411user)

IMF book on Kuwait PDF

In this study, the general situation of money laundering and financing of terrorism is discussed. In addition, the following are outlined: financial sector, DNFBP sector, business law and legal person management mechanisms, and strategies to prevent money laundering and terrorist financing. The legal framework and criminalization of terrorism financing are also given. Confiscation, freezing and seizure are interpreted within the legal framework. The article also discusses various precautions to use. Secrecy and confidentiality in financial institutions is also outlined.

• By: Richard Pratt
• Publisher:
• Pages: 302
• Released: 2005
• ISBN: 1902182375
• Rating : 4/5(411user)

How to Combat Money Laundering and Terrorist Financing by Richard Pratt PDF

• Author: International Monetary Fund
• Publisher: International Monetary Fund
• Pages: 22
• Release time: 2010-09-08
• Book number: 9781455203680
• Rating : 4/5(411user)

Nicaragua IMF Book PDF

In 2008, Nicaragua introduced legislation criminalizing money laundering (ML) and terrorist financing (FT), which is generally adequate except for a few key flaws. Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) prevention measures in the regulated financial sector, including its supervision, are broadly in line with international standards, but the financial cooperation sector is not regulated. There is no evidence of FT exposure and no suspicious transaction reports or investigations in this regard. Nicaragua does not have a financial intelligence unit and generally lacks a proper AML/CFT institutional framework.

• Author: International Monetary Fund
• Publisher: International Monetary Fund
• Pages: 358
• Release time: 2011-01-14
• Book number: 9781455213726
• Rating : 4/5(411user)

IMF's Guernsey Book PDF

This report provides an overview of Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) measures in place in Guernsey during or shortly after the visit. Assessors reviewed the institutional framework; relevant AML/CFT laws, regulations, guidelines and other requirements; and the prevention and punishment of money laundering (ML) and terrorist financing (FT) through financial institutions and designated non-financial businesses and professions (DNFBPs) regulatory and other systems. Evaluators also examined the capacity, implementation and effectiveness of all these systems.

• Author: Pierre-Laurent Chatain, Andrew Zerzan, Wameek Noor, Najah Dannaoui, Louis de Koker
• Publisher: World Bank Press
• Pages: 230
• Release time: 2011-02-24
• Book number: 0821386700
• Rating : 4/5(411user)

Protecting Mobile Money from Financial Crime By Pierre-Laurent Chatain, Andrew Zerzan, Wameek Noor, Najah Dannaoui, Louis de Koker Book PDF

Mobile money is a booming industry in a growing number of countries around the world. The project arose out of an increased need for government guidance and technical assistance following the publication of an exploratory paper in 2008, "The Integrity of Mobile Financial Services," which discussed the use of mobile money and international anti-money laundering (AML) and combating the financing of financial services Terrorism (CFT) Standard. How to develop a regulatory regime that expands access to financial services for the poor through the development of mobile financial services, but still meets AML/CFT standards remains a mystery to most. Many jurisdictions have yet to issue specific AML/CFT regulations related to mobile money, largely due to a lack of awareness of the risks these services may pose when permissions are not properly controlled. Even developed countries are starting to face regulatory challenges as international standards for AML/CFT, FATF 40+9 recommendations were designed and published long before mobile money technology and business models became commonplace. The project team aims to provide jurisdictions and industries with practical guidance on how to draft regulations and internal guidance that allow them to comply with AML/CFT standards and be flexible enough for mobile money to thrive. Specifically, this paper (1) takes stock of new AML/CFT regulations and practices related to mobile money, (2) drafts design guidelines for AML/CFT regulations covering mobile money, and (3) presents examples of best practice for the industry Integrate AML/CFT into their own business model.

• By Paul Allen Short
• Publisher: World Bank Press
• Pages: 292
• Release time: 2006-01-01
• ISBN: 9780821365144
• Rating : 4/5(4user)

Paul Allan Schott's Anti-Money Laundering and Countering the Financing of Terrorism Reference Guide PDF

This second edition reference guide is a comprehensive source of practical information on how countries combat money laundering and terrorist financing. Designed to help countries understand the new international standards, it discusses the problems these crimes cause, the specific actions countries need to take to address them, and the role of international organizations in this process. This reference guide is an invaluable tool in establishing effective systems to successfully prevent, detect and prosecute money laundering and terrorist financing.

• Author: Robin Booth
• Publisher: Oxford University Press
• Pages: 514
• Release time: 2011-03-03
• ISBN: 9780199543038
• Rating : 5/5(1user)

Robin Booth's Money Laundering Laws and Regulations PDF

This book provides a practical, comprehensive guide to domestic anti-money laundering laws and regulations, which are increasingly seen as a key weapon in the fight against serious and organized crime.

• 作者 : Wouter H. Muller,Christian H. Kalin,John G. Goldsworth
• Publisher: John Wiley & Sons
• Pages: 834
• Release time: 2007-06-13
• ISBN: 0470511087
• Rating : 4/5(411user)

Anti-Money Laundering Books by Wouter H. Muller, Christian H. Kalin, John G. Goldsworth PDF

Anti-Money Laundering is the authoritative reference on money laundering and its practices. The general approach taken by supranational organizations such as the United Nations and the Council of Europe will first be outlined. Next, senior members of these organizations will outline approaches taken by international organizations and initiatives that build on supranational initiatives. Some countries will then describe their specific prevention legislation. The countries involved will all be members of the FATF (Financial Action Task Force on Money Laundering). There will be an overview at the end, enabling the reader to make a comparison of the most important topics of money laundering legislation and rules in different countries.

• Author : Nadine Schwarz, Ms. Kristel Poh, Ms. Chen Ke, Ms. Grace Jackson, Kathleen Kao, Ms. Francesca Fernando, Maxim Markovich
• Publisher: International Monetary Fund
• Pages: 21
• Release time: 2021-10-14
• ISBN: 9781513593821
• Rating : 5/5(1user)

Virtual Assets and Anti-Money Laundering and Combating the Financing of Terrorism (2) By Nadine Schwarz, Ms. Ms. Kristel Poh Ms. Chen Ke Grace Jackson, Kathleen Kao, Ms. Francisca Fernando, Maksym Markevych Book PDF

The purpose of this note is to discuss the necessary anti-money laundering and countering the financing of terrorism (AML/CFT) measures and to provide examples of practical solutions for implementing them. In June 2020, the Financial Action Task Force (FATF) noted that both the public and private sectors have made progress in implementing virtual asset (VA) standards, notably by updating national laws and developing solutions to assist with travel rules. However, challenges remain; many Virtual Asset Service Providers (VASPs) are only just beginning to adopt the required AML/CFT measures, many jurisdictions have yet to implement VA standards, and those that have implemented VASP regulatory regimes are still in the early stages stage. At the time of drafting, no country was being assessed against the new standard and many national authorities were determining how best to incorporate the new standard into their AML/CFT framework. For these reasons, this note does not mention country-specific examples. References to specific products and projects are for illustrative purposes only and do not constitute an endorsement of these initiatives. This fintech note is based on FATF standards and guidance, particularly those relating to VAs and VASPs.