Anti Money Laundering Compliance And The Legal Profession

Author : Sarah Kebbell
Publisher : Routledge
Page : 214 pages
File Size : 45,9 Mb
Release : 2021-11-29
Category : Business & Economics
ISBN : 9780429670909

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Anti-Money Laundering Compliance and the Legal Profession by Sarah Kebbell Pdf

Money laundering is a global issue and there is evidence that the services provided by the legal profession may be misused to launder the proceeds of crime. This book explores the experiences of professionals within Top 50 law firms when seeking to comply with the UK’s anti-money laundering (AML) regime. The book draws upon empirical evidence from 40 in-depth interviews with solicitors and compliance personnel from 20 Top 50 law firms. Access to this section of the legal profession is challenging in the context of academic research, and the research provides an account, seldom heard in academic literature, directly from practitioners. The book uses these research findings to explore and discuss the AML compliance issues faced by this section of the profession. It highlights the challenges presented by the legislative architecture of the Proceeds of Crime Act 2002, and considers compliance issues relating to customer due diligence, AML training, the client account and the suspicious activity reporting regime. It also considers participants’ perceptions of the regime, their role within it, and their own assessment of money laundering risk. It concludes by using this evidence to recommend amendments to current AML policy and legislation. This book will be of interest to students and researchers studying Financial Crime Law, Business and Company Law, and White Collar Crime, as well as policy makers in the areas of money laundering, compliance, and corruption.

Author : Alexander Dill
Publisher : Edward Elgar Publishing
Page : 288 pages
File Size : 52,8 Mb
Release : 2021-06-25
Category : Law
ISBN : 9781788974844

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Anti-Money Laundering Regulation and Compliance by Alexander Dill Pdf

Anti-Money Laundering Regulation and Compliance: Key Problems and Practice Areas is a comprehensive treatment of the Anti-Money Laundering/Combatting the Financing of Terrorism (AML/CFT) compliance programs, recordkeeping and reporting requirements, and the best practices under the Bank Secrecy Act (BSA) and sanctions regulatory regimes. AML/CFT and sanctions provisions are highly interrelated. Onboarding and customer due diligence requirements generate the data entered into transaction monitoring and screening systems.

Author : Peter Camp
Publisher : Law Society Publishing
Page : 300 pages
File Size : 49,7 Mb
Release : 2007-01-01
Category : Financial institutions
ISBN : 1853285935

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Solicitors and Money Laundering by Peter Camp Pdf

This fully revised and updated new edition takes into account important recent developments including; the Court of Appeal's decision in Bowman v Fels; changes made by the Serious Organised Crime and Police Act 2005; new money laundering guidance issued by the Law Society Ensure your practice is compliant, order your copies today.

Author : Alison Matthews
Publisher : Unknown
Page : 144 pages
File Size : 47,6 Mb
Release : 2018-03
Category : Electronic
ISBN : 1784460788

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Anti-Money Laundering Toolkit by Alison Matthews Pdf

Author : Francesca Ramadan
Publisher : Ark Company
Page : 123 pages
File Size : 50,9 Mb
Release : 2019-01-31
Category : Law
ISBN : 1783583606

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Anti-Money Laundering Compliance 2nd Ed by Francesca Ramadan Pdf

The European Union Fourth Anti-Money Laundering Directive is the most sweeping AML legislation ever to have been introduced in Europe. It aims to strengthen the existing rules, prioritising the fight against tax avoidance, money laundering and terrorism financing by reinforcing the necessity of measures such as risk assessments, setting clear requirements about beneficial ownership, and expanding the definition of a politically exposed person.This second edition of Anti-money Laundering Compliance for Law Firms is intended as both handbook and guide, advising on practical implementation of the Directive's mandates and assisting European law firms in remaining compliant. It will also act as a best-practice toolkit for firms practising beyond Europe. Featuring contributions from a range of experts in the field - from barristers specialising in financial crime to compliance experts and consultants - this timely publication provides the latest intelligence on successful adherence to the Fourth Directive, along with an anticipatory exploration into the possible effects of the upcoming Fifth Directive and changes within the regulatory landscape.

Author : Katie Benson
Publisher : Routledge
Page : 194 pages
File Size : 50,5 Mb
Release : 2020-04-03
Category : Business & Economics
ISBN : 9781351717236

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Lawyers and the Proceeds of Crime by Katie Benson Pdf

The role played by legal professionals in the laundering of criminal proceeds generated by others has become a priority concern for authorities at national and international levels. This ground-breaking book presents an in-depth empirical analysis of the nature of lawyers’ involvement in the facilitation of money laundering and its control through criminal justice and regulatory mechanisms. It is based on qualitative research combining analysis of cases of lawyers convicted of money laundering offences with interviews with criminal justice practitioners, members of professional and regulatory bodies and practising solicitors, and analysis of relevant national and international legislative and regulatory frameworks. The book demonstrates the complex and diverse nature of lawyers’ involvement in laundering activity, and shows that their actions and the decisions they take must be understood in relation to the specific situational contexts in which they occur. It provides significant new insights into the criminal justice and regulatory response to professional facilitation of money laundering in the UK, raising questions about the effectiveness and appropriateness of the response and the challenges involved. The book develops a framework for future research and analysis in this area, and proposes a range of potential strategies for controlling the facilitation of money laundering. Lawyers and the Proceeds of Crime is essential reading for those researching money laundering, white-collar crime or organised crime, and for practitioners and policy makers concerned with preventing the facilitation of money laundering.

Author : Martin Graeme Robinson,Victoria Maria Scott
Publisher : Unknown
Page : 243 pages
File Size : 49,7 Mb
Release : 2018
Category : Money laundering
ISBN : 0947514732

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The Anti-Money Laundering Regime by Martin Graeme Robinson,Victoria Maria Scott Pdf

The Anti-Money Laundering Regime: A Practical Guide provides an objective, all-in-one resource explaining the key concepts of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009. The recent amendments to the Act dramatically increase the scope of the compliance regime, and add to the existing obligations, creating the need for a concise, quick reference guide for all businesses caught as ¿reporting entities¿ and their advisors. The book details the risk-based approach taken by legislators and the supervisors, and explores the application of the Act, as well as the policies, procedures and controls needed to meet the money laundering and terrorist financing risks facing businesses. It explains the key obligation to undertake the appropriate level of customer due diligence in various contexts, and the complex reporting obligations contained in the Act.

Author : Judith van Erp,Wim Huisman,Gudrun Vande Walle
Publisher : Routledge
Page : 596 pages
File Size : 55,9 Mb
Release : 2015-04-10
Category : Social Science
ISBN : 9781317936718

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The Routledge Handbook of White-Collar and Corporate Crime in Europe by Judith van Erp,Wim Huisman,Gudrun Vande Walle Pdf

The study of white-collar crime remains a central concern for criminologists around the world and research concentrates on its nature, prevalence, causes and responses. However, most books on white-collar crime tend to focus on Anglo-American examples, which is surprising given the amount of rich data and research taking place in mainland Europe. This new handbook seeks to reset the balance and, for the first time, presents an overview of state-of-the-art research on white-collar crime in Europe. Adding to the existing Anglo-American body of knowledge, the Handbook will discuss specific European topics and typical European features of white-collar crime. The Routledge Handbook of White-Collar and Corporate Crime in Europe consists of more than thirty chapters on topics ranging from the Icelandic Banking Crisis, to the origins of the study of white collar crime, to contemporary topics, such as white-collar crime in countries post-transition from communist regimes; the illegal e-waste trade and white-collar crime in professional football. Furthermore, the book contains extensive case study analyses of landmark European cases of white-collar crime. The editors have gathered together the leading voices in the field and a final section offers commentaries on white-collar crime in Europe from eminent criminologists David Friedrichs and Hazel Croall. This Handbook will thus serve as a work of reference for all scholars and students engaged in the study of corporate and white-collar crime and will also set out directions for new research in the future.

Author : Wouter H. Muller,Christian H. Kalin,John G. Goldsworth
Publisher : John Wiley & Sons
Page : 852 pages
File Size : 47,8 Mb
Release : 2007-06-05
Category : Business & Economics
ISBN : 9780470033197

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Anti-Money Laundering by Wouter H. Muller,Christian H. Kalin,John G. Goldsworth Pdf

Anti-Money Laundering is the definitive reference on money laundering and practice. First an outline will be given of the general approach taken by supra-national organisations like the United Nations and the European Council. Next the approach taken by international organisations and initiatives on the basis of the supra-national initiatives will be outlined by senior members of those organisations. A number of countries will then describe their specific prevention legislation. Countries involved will all be member-countries of the FATF (Financial Action Task Force on Money Laundering). Finally there will be an overview to enable the reader to make a comparison between the most important topics of money laundering legislation and rules in the different countries.

Author : Anonim
Publisher : Unknown
Page : 128 pages
File Size : 43,7 Mb
Release : 2015
Category : Electronic
ISBN : 0993383319

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Money Laundering Compliance for Solicitors by Anonim Pdf

Author : Robin Booth
Publisher : Oxford University Press
Page : 514 pages
File Size : 44,6 Mb
Release : 2011-03-03
Category : Business & Economics
ISBN : 9780199543038

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Money Laundering Law and Regulation by Robin Booth Pdf

This title provides a practical, comprehensive guide to domestic anti-money laundering law and regulation, increasingly seen as key weapons in the fight against serious and organised crime.

Author : Ravi Rajcoomar
Publisher : Xlibris Corporation
Page : 295 pages
File Size : 48,7 Mb
Release : 2012
Category : Business & Economics
ISBN : 9781477137505

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A Guide to Money Laundering Law and Regulation by Ravi Rajcoomar Pdf

Ravi Rajcoomar, one of the Caribbean's leading attorneys, was born in Trinidad, WI, and spent his early years in the United Kingdom. An academic scholar, he studied law at the UWI, Cavehill and Hugh Wooding Law School before starting his prodigious practice in criminal and civil law from1987 in Trinidad and Tobago, working in some of the country's most prestigious law firms, alongside legal luminaries such as Karl Hudson Phillips, QC and the late Desmond Allum, QC. A married father of four, he's currently attached to Trinity Chambers in Port of Spain. Known for his unique legal acumen, he has litigated in some of the region's most prominent and groundbreaking criminal and civil cases, many of which set legal precedent in the Caribbean and Commonwealth region in the past 25 years. As a founding member and executive officer of the Criminal Bar Association of T&T, he pioneered several domestic legal initiatives, including reform in the Magisterial Courts, legislation for DNA, paper committals and copyright infringement, use of witnesses statements in trials, visual recordings of police interviews, the Financial Investigation Unit and compliance and competition economics in the Caricom region. As a former senior member of the Council of the Law Association of Trinidad and Tobago, he spearheaded major national legal initiatives aimed at protecting the public's interest, including the review of prisoners' rights and Constitutional Reform. Rajcoomar has also authored publications in Lawyer on Abuse of Process in Criminal Law and DNA and the Criminal Law, as well as A guide for Money Laundering Law & Regulation in Trinidad and Tobago.' He's also lectured at the Hugh Wooding Law School since 2005, and currently serves as a Commissioner of the Trinidad and Tobago Securities Exchange Commission.

Author : Fabian Teichmann
Publisher : Kluwer Law International B.V.
Page : 253 pages
File Size : 53,7 Mb
Release : 2021-10-08
Category : Law
ISBN : 9789403537436

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Methods of Money Laundering by Fabian Teichmann Pdf

How exactly is money laundered? The answer to this question is not well understood – and for this very reason, costly prevention measures remain ineffective. This much-needed book provides the first in-depth explanation of the methods used by intelligent criminals to amass wealth from large-scale trafficking in drugs, arms, and human beings, as well as from less odious crimes. The author shows clearly not only why existing approaches to combat money laundering are bound to fail but also how money launderers easily circumvent such measures. Based on qualitative interviews with both alleged criminals and prevention experts, detailed illustrations of concrete steps taken by intelligent and specialized perpetrators of money laundering allow practitioners to anticipate and effectively combat this type of crime. The author fully documents such aspects of money launderers’ behaviour as the following: resources required; dealing with detection risks; and international mobility. A central chapter covers in depth the various markets, institutions, and facilities that are particularly favourable to money laundering, and original insights accompany the presented findings with relevant quotations from the interviewees. The author offers tailored recommendations for different professional groups, including bankers, prosecutors, defence lawyers, and judges. In its critical questioning of the logic behind anti-money laundering regulations and their costly implementation, the book demonstrates that either the existing measures of prevention are drastically tightened and extended to almost all branches of the economy or the financial sector is relieved of the burden it bears and alternative ways of fighting this type of crime are sought instead. It will prove enormously valuable to understanding and investigating white-collar and financial crime, and be welcomed by practitioners and professionals in financial markets, banking, criminal lawyers, and compliance experts, as well as academia.

Author : Tim Bennett
Publisher : Bloomsbury Publishing
Page : 811 pages
File Size : 54,6 Mb
Release : 2023-07-31
Category : Law
ISBN : 9781526525970

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Money Laundering Compliance by Tim Bennett Pdf

What is Money Laundering ('ML')? How has the definition of ML expanded in recent years? Where does AML law and regulation come from? When must I report any 'suspicion'? Money Laundering Compliance is designed as a detailed reference source both on legal and technical details, as well as practical and procedural points. It provides a technical and practical overview of AML/CFT provisions in the UK and other key international jurisdictions including: - Bahamas - Bermuda - Cayman Islands - Guernsey - Isle of Man - Jersey - Singapore - Switzerland - United States The Fourth Edition has been completely revised in line with recent legislation and case law, with other key areas of change including: - The impact of Brexit on the UK's position vis-a-vis EU Law, and in particular in relation to the EU Money Laundering Directives covering AML/CFT matters - 'Economic Substance' requirements in key jurisdictions - A new chapter on FinTech, the host of AML/CFT RegTech websites/Mobile Apps, and the introduction of new methods of CDD verification - A new chapter on crypto assets and regulation - Current sanctions against defined Russian Oligarchs - The general prohibition against the provision of trust and company services to certain 'Russian-connected' trusts This essential resource ensures that finance professionals, private bankers, lawyers, trust and estate practitioners, regulators, compliance officers and other advisers remain up to date with this increasingly complex and crucial area of law. This title is included in Bloomsbury Professional's Banking and Finance online service.

Author : Paul Allan Schott
Publisher : World Bank Publications
Page : 292 pages
File Size : 55,5 Mb
Release : 2006-01-01
Category : Business & Economics
ISBN : 9780821365144

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Reference Guide to Anti-money Laundering and Combating the Financing of Terrorism by Paul Allan Schott Pdf

This second edition of the Reference Guide is a comprehensive source of practical information on how countries can fight money laundering and terrorist financing. Aimed at helping countries understand the new international standards, it discusses the problems caused by these crimes, the specific actions countries need to take to address them, and the role international organizations play in the process. The Reference Guide is a valuable tool for establishing effective regimes to successfully prevent, detect, and prosecute money laundering and terrorist financing.