ANTI-MONEY LAUNDERING (AML): Governance, Risk Management and Compliance (GRC) Book 4 - Softcover

Book 4 of 24: Governance, Risk Management, and Compliance (GRC)

Essia, Uwem; Ehiwario, Kester

 
9798848908473: ANTI-MONEY LAUNDERING (AML): Governance, Risk Management and Compliance (GRC) Book 4
Softcover
ISBN 13: 9798848908473
Publisher: Independently published, 2022

Synopsis

The digitized economy makes many money launderers able to execute their criminal schemes successfully. In many cases, the current AML regulations are no longer effective or adequate to prevent or stop most money launderers. Hence the need to deconstruct and reconstruct the current AML regulations. A key element of the reconstructed AML regulations has to be promoting the active involvement of financial institutions as partners. AML compliance should go beyond meeting the minimum requirements to escape being penalized for non-compliance, but more sustainably nurturing a system that makes the concerned organizations see themselves as partners of the state, and the international agencies fighting financial crimes.

"synopsis" may belong to another edition of this title.

Publisher
Independently published
Publication date
2022
Language
English
ISBN 13 
9798848908473
Binding
Paperback
Number of pages
122