SUMMARY

Focuses on how a system can be constructed to prevent firms from being used to further financial crime, and how to avoid regulatory penalties.

Looks at how firms can implement legislation, guidance, regulations and advice that has been released from a variety of sources, both national and international.

Contains practical guidance on the implementation of a compliance regime, rather than detailed descriptions of legislations or glamourised versions of the money laundering process.

Topics covered include:

• Customer identification

• The role of the money laundering reporting officer

• Staff training and awareness

• Internal reporting and reporting to the National Criminal Intelligence Service

• Systems and controls to prevent money laundering

• Keeping up-to-date with national and international developments in anti-money laundering

Return to top | Add to basket | Tell a colleague

  TABLE OF CONTENTS

1. Dealing with Complex KYC
Ed Williamson
The Royal Bank of Scotland
2. Managing Global AML
John Flynn
Aviva

3. PoCA Issues
Dave Powers
Barclays

4. Managing AML Awareness and Training
Tim Gibson
Redtray Ltd.;

5. Role and Responsibilities of the MLRO
Jenny Esdaile and Shaun O'Leary
Huntswood Consulting

6. Local Management of AML Responsibilities
Chris Oldland
Zurich

7. Electronic Verification
John Cannon
Equifax

8. Risk-Based Approach
Nick Matthews
Deloitte

9. Managing Internal and External Reporting
Emma Hardaker
Deloitte

10. Healthchecking and Benchmarking your AML Regime
Tim Gough
The Royal Bank of Scotland

 

Return to top | Add to basket | Tell a colleague

  AUTHOR BIOGRAPHY

Tim Gough is a manager in the Money Laundering Prevention Unit for Corporate Banking and Financial Markets at the Royal Bank of Scotland. Prior to working at RBS Tim worked as a regulatory consultant at Deloitte & Touche, where he worked on a variety of anti-money laundering projects for financial services firms, including redrafting procedures, managing healthchecks and remediation projects and providing training and awareness sessions for clients. During this time Tim developed "A Month in Money Laundering", an update on developments in anti-money laundering. Tim gained publishing experience from a year on the Macmillan publishers graduate recruitment scheme, where he worked in the editorial department for the economics list. Tim graduated from the University of Exeter in 1998.

Return to top | Add to basket | Tell a colleague

  CONTRIBUTORS

Tim Gough, RBS; Ed Williamson, RBS; John Flynn, Aviva; Dave Powers, Barclays; Tim Gibson, Redtray Ltd.; Jenny Esdaile, Huntswood Consulting; Shaun O'Leary, Huntswood Consulting; Chris Oldland, Zurich; John Cannon, Equifax; Nick Matthews, Deloitte; Emma Hardaker, Deloitte
Return to top | Add to basket | Tell a colleague

  SAMPLE PAGE:   View sample content

  INDEX PAGE:   View index

  CUSTOMERS WHO BOUGHT THIS TITLE ALSO BOUGHT:

  The Basel Handbook (2nd edition) - Edited By Michael K. Ong
  Right-Sizing ORM - By Eric Holmquist
  Operational Risk - Edited By Ellen Davis
  Operational Risk and Financial Institutions -

Return to top | Add to basket | Tell a colleague