| This book, sponsored by iSentry, is written by Rohan Bedi, the Head of AML Services of PricewaterhouseCoopers in Singapore, and offers an in-depth study of the topic of money laundering within the financial sector as well as non-financial businesses, and contains a comprehensive money laundering risk analysis of key countries. PricewaterhouseCoopers (www.pwc.com) provides industry-focused assurance, tax and advisory services for public and private clients. More than 120,000 people in 139 countries connect their thinking, experience and solutions to build public trust and enhance value for clients and their stakeholders.
"Money laundering and complex scams straddle multiple jurisdictions, taking advantage of the gaps in oversight and cooperation between national authorities."
Mr. Lee Hsien Loong, Deputy Prime Minister & Chairman of the Monetary Authority of Singapore.
"Money laundering may look like a polite form of white collar crime, but it is the companion of brutality, deceit and corruption."
Mr. Lawrence H. Summers, Former US Treasury Secretary.
Table of Contents: Foreword
Dominic Nixon, Asia Head for AML, PricewaterhouseCoopers
Introduction:
The UK Experience with AML
Andrew P. Clark, European Head for AML, PricewaterhouseCoopers
Chapter One: What is Money Laundering?
Chapter Two: How Does Money Laundering Work?
Chapter Three: Money Laundering Case Studies
Chapter Four: Enterprise-wide Money Laundering Deterrence Programme
Chapter Five: Money Laundering Legislation and Guidelines
Chapter Six: International Developments in Legislation/Guidelines
Chapter Seven: A Review of the FATF 40 and Eight Recommendations
Chapter Eight: Compliance and Co-operation with International Regulators
Chapter Nine: Offshore Banks, Companies, Trusts and Money Laundering
Chapter Ten: Recognising Money Laundering Activities
Chapter Eleven: Know Your Customer (KYC)
Chapter Twelve: Retention of Financial Transaction Documentation
Chapter Thirteen: AML Reports and Technology
Chapter Fourteen: The Process of Suspicious Transaction Report Filing
Chapter Fifteen: The Quality of Suspicious Transaction Reports
Chapter Sixteen: Awareness and Training
Chapter Seventeen: Money Laundering Risk Sectors and Typologies ? Part One
Chapter Eighteen: Money Laundering Risk Sectors and Typologies ? Part Two
Chapter Nineteen: Terrorist Financing
Chapter Twenty: Case Studies on Terrorist Financing
Chapter Twenty-one: Accountants and Auditors
Chapter Twenty-two: Risk Analysis of Money Laundering by Country
Chapter Twenty-three: Conducting or Supporting the Investigation Process
Chapter Twenty-four: Summary
Annexure 1: Suspicious Activity Detailed Listings
Annexure 2: Reference Sources About the Author:
Rohan was the Head of AML Services of PricewaterhouseCoopers Singapore. He was a line banker with thirteen years of work-experience across Asia. He has a passion for AML and is involved with all aspects of the subject from research, consultancy, software, training, newsletter and other thought leadership activities. He is the author of a number of articles on the subject published both locally and in leading Asian newspapers, magazines, and International publications. Rohan is widely regarded as an Asia AML expert and his opinions on AML issues are sought after by the media and by regulators. |
