Mastering Anti-Money Laundering and Counter-Terrorist Financing
Author's acknowledgements
Publisher's acknowledgements
Background and definitions
Key processes in money laundering and terrorist financing
Further differences between terrorist financing and classical money laundering
The International AML and CFT Framework
Key components of the international institutional and legal framework
A developing framework to combat tax evasion
A developing framework to combat proliferation financing
The Financial Action Task Force (FATF)
FATF regional style bodies and associate members
Other relevant international bodies
Key requirements for financial institutions
Key components of a national AML/CFT framework
The Role, Structure and Positioning of the AML/CFT Compliance Function
Best practice in higher-risk products and services
Training and communication
A 'pro-business' approach
Management of internal suspicion reporting
KYC and the Risk-Based Approach
Background to the Risk-Based Approach
Components of the Risk-Based Approach
Constructing a Risk-Based Approach for your organisation
The core components of CDD
Example risk assessment frameworks
Constructing a CDD framework for financial institutions
Constructing a CDD framework for retail/consumer banking business
Constructing a CDD framework for private banking
Managing reputational risk
When banks go wrong: cases of punishment and penalties
Managing reputational risk: the experience of the Mulltilateral Development Banks MDBs
The integrity 'red flags' checklist and the due diligence investigation tools
Background and general principles
Money laundering typologies
Terrorist financing typologies
Account analysis examples
'Accumulation of evidence' cases
International Cooperation
Modern structures of organised crime and terrorism
Mechanisms and tools of international cooperation
International cooperative bodies
Modern Money Laundering and Terrorist Financing: Two Case Studies
Smoke and Mirrors: AlnaBank and the Messengers of God
Too Good to be True: AlnaBank and the laundering of the Kransky millions
