Mastering Anti-Money Laundering and Counter-Terrorist Financing: A compliance guide for practitioners
| Author | : | |
| Rating | : | 4.60 (863 Votes) |
| Asin | : | 0273759035 |
| Format Type | : | paperback |
| Number of Pages | : | 320 Pages |
| Publish Date | : | 2018-01-23 |
| Language | : | English |
DESCRIPTION:
Unlike many other written pieces on the subject it remembers and deals with why financial institutions do have a role to play in combating crime and terrorism and what that role should, quite rightly, be.” Stuart Hammond, Financial Crime Risk Consultant. “Provides an excellent assessment of the money laundering and terrorist financing challenges faced by the financial services industry and offers the reader sensible, practical and ‘step by step’ guidance to deal with those challenges
Jaroslaw Nowacki said Highly useful, provides some good AML background. As a financial professional, I highly recommend this book. It gives some good background which would be useful for any professional in the AML field and it is written in a friendly, practical way. If you are a newcomer to AML field, this is a must, but people who are more experienced in the subject would also benefit from the knowledge. Of course it does not cover everything, but is definitely worth the price.What I also like are the additional materials available to readers directly from the publisher.. "Great Book for Building a Solid Foundation" according to Andrew. I found this book to be very insightful and had more practical application then many of the current AML/CTF material available. Whereas much of the published material refurbishes the same abstract principles, Tim Parkman both explains the principles and further illustrates them with concrete examples, case studies, and applications.Lastly, I appreciated the author's introduction because so often in the industry we get caught up in principles, scenarios, and statistics and forget the underlying human element that the suspicious transactions we review may represent.. S. Elias said Use it for work. I use it for AML compliance at work. It is really good.covers many areas in details. Good for a practitioner.
This book offers best practice advice on how to meet anti-money laundering (AML) regulations and will help you put together an effective framework to meet your legal obligations. It includes a comprehensive selection of example documents, checklists and an unrivalled collection of training materials.