Combating Money Laundering and Terrorist Financing: A Model of Best Practice for the Financial Sector, the Professions and Other Designated Business - Softcover

Commonwealth Secretariat

Softcover

ISBN 10: 0850928427 ISBN 13: 9780850928426

Publisher: Commonwealth Secretariat, 2007

Synopsis

The Commonwealth has been in the forefront of international efforts to combat money laundering and terrorist financing, particularly through supporting its developing member countries to implement comprehensive Anti-Money Laundering (AML) and Combating Financing of Terrorism (CFT) systems that comply with global standards. The first edition of this book was published in 2005, and this second edition now includes additional information on understanding how terrorism is financed. The book incorporates both the international standard arising from the revised Financial Action Task Force on Money Laundering 40 Recommendations and the Special Nine Recommendations.The manual will be of great use to policy-makers, regulators, financial institutions, the professions and other designated businesses in their efforts to develop viable AML/CFT systems.The publication is divided into three main parts: the first deals with global issues, the second with national issues and in particular, national strategy formulation; and the third with financial and professional sector procedures.

About this title

About the Author:

Dr Dirk Willem te Velde is a Research Fellow at the Overseas Development Institute. He leads the Investment and Growth programme, has published widely on these subjects and advises developing country governments and development agencies.

About this edition

• Publisher: Commonwealth Secretariat
• Publication date: 2007
• ISBN 10: 0850928427
• ISBN 13: 9780850928426
• Binding: Paperback
• Edition number: 2
• Number of pages: 190