Money Laundering Enforcement Challenges

Rossano Gerald

ISBN 10: 3659718033 / ISBN 13: 9783659718038

Published by LAP LAMBERT Academic Publishing Jun 2015, 2015

About this Item

Neuware -During the past decades, developed and developing economies have used Anti-Money Laundering Laws (AML) measures to combat corruptive behavior throughout their financial industry. The corruptive behavior will always have a negative impact on the local financial sector because it influences management to use unethical and immoral practices when doing financial transactions in a global market. Also, it can help to distort business environment that does not recognize the Ethical Decision-Making Framework (EDM) process in accordance to the corporate governance under the Sarbanes-Oxley Act (SOX). It also can lead to strategic control measures that will discourage an organization's core moral values and culture compliance policies and procedures. Since (AML) is the first line of defense to detect and prevent illicit money transactions from one entity to another. Thisbookwill address how developed nations (U.S. and U.K) and developing countries (Latin America and Africa economies) have used EDM approach or not to develop an ethical code of conduct their financial industry to combat money laundering activities.Books on Demand GmbH, Überseering 33, 22297 Hamburg 64 pp. Englisch.

Seller Inventory # 9783659718038

Bibliographic Details

• Title: Money Laundering Enforcement Challenges
• Publisher: LAP LAMBERT Academic Publishing Jun 2015
• Publication Date: 2015
• Language: English
• ISBN 10: 3659718033
• ISBN 13: 9783659718038
• Binding: Taschenbuch
• Condition: Neu
• Dimensions: 220W x 150H x 4D millimeters 220 millimeters width by 150 millimeters height by 4 millimeters depth
• Weight: 113 grams

About this title

Synopsis

During the past decades, developed and developing economies have used Anti-Money Laundering Laws (AML) measures to combat corruptive behavior throughout their financial industry. The corruptive behavior will always have a negative impact on the local financial sector because it influences management to use unethical and immoral practices when doing financial transactions in a global market. Also, it can help to distort business environment that does not recognize the Ethical Decision-Making Framework (EDM) process in accordance to the corporate governance under the Sarbanes-Oxley Act (SOX). It also can lead to strategic control measures that will discourage an organization's core moral values and culture compliance policies and procedures. Since (AML) is the first line of defense to detect and prevent illicit money transactions from one entity to another. This book will address how developed nations (U.S. and U.K) and developing countries (Latin America and Africa economies) have used EDM approach or not to develop an ethical code of conduct their financial industry to combat money laundering activities.

About the Author

Dr. Rossano V. Gerald is an Adjunct Professor of Business Management in Concordia University at the San Antonio Campus, Texas. He is also a highly decorated veteran of U.S. Army and a native of Panama City, Panama. He is also a Consultant that has helped to improve business owners’ global operations by using management strategic planning methods.