The Risk-Based Approach to Combating Money Laundering and

Condition - Very Good
The item shows wear from consistent use, but it remains in good condition and functions properly. Item may arrive with damaged packaging or be repackaged. It may be marked, have identifying markings on it, or have minor cosmetic damage. It may also be missing some parts/accessories or bundled items.

The Risk-Based Approach to Combating Money Laundering and Terrorist Financing

Governments around the world have made the fight against money laundering and the financing of terrorism a priority. Among its effort is the implementation of the Financial Action Task Force Recommendations, specifically Recommendation 1. The FATF Recommendations (Recommendation 1) requires that countries mandate financial institutions and designated non-financial businesses and professions (DNFBPs), to adopt a risk-based approach to combating money laundering and terrorist financing. This book aims to provide a clear understanding of what the risk-based approach involves. In addition to this, it differentiates the risk-based approach from the rule-based approach and determines if the riskâ€“based approach interferes with the human rights of high-risk customers. Internationally, this book would be the first comprehensive book on the subject of the Risk-Based Approach. This book would help financial institutions and designated non-financial institutions with any problem regarding the application of the risk-based approach. Financial institutions/DNFBPs who implement the risk-based approach, in line with the guidance given in this book, will be well-placed to avoid the consequences of inappropriate de-risking behaviour. Although there are quite a number of reference guides provided by the Financial Action Task Force to assist firms with the implementation of the risk-based approach. Those publications focus mainly on the risk assessment principles. This book is focused on both the principles and the practical aspect of its application. This book is a must read for every professional specializing in the field of Anti-Money Laundering Compliance. It is also a must read for every individual who intends to know more about the money laundering subject.
Country USA
Brand Eric Press
Manufacturer Eric Press
Binding Paperback
ItemPartNumber black & white illustrations
UnitCount 1
EANs 9789789486038
ReleaseDate 0000-00-00

Country	USA
Brand	Eric Press
Manufacturer	Eric Press
Binding	Paperback
ItemPartNumber	black & white illustrations
UnitCount	1
EANs	9789789486038
ReleaseDate	0000-00-00

The Risk-Based Approach to Combating Money Laundering and Terrorist Financing

You might also like...