Book description
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
Book details
- ISBN
- 9781904339786
- Publish date
- 1 Dec 2005
- Format
- Size
- 155mm x 235mm
Editor biography
Tim Gough
Tim Gough is the Regional Head of Privacy and Information Risk for Europe and Asia at the Royal Bank of Canada. Prior to working at RBC, Tim worked for the Royal Bank of Scotland, and in the Governance and Regulation practice at Deloitte. Prior to working in the financial services industry, Tim spent a year as a graduate trainee at Macmillan publishers, working on academic politics and economics titles, and previously edited Anti-Money Laundering: A Guide for Financial Firms for Risk Books.
Tim is a member of the BBA Data Protection Panel and a committee member of the Data Protection Finance Group, and holds the ISEB Certificate in Data Protection.
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
