This book sets out the law and practice relating to AML/CFT issues, including the international context of the legislation, key risk issues to be considered, a framework for compliance, topical issues, due diligence and audit strategies, and legal issues arising from the AML regime.

The guide includes:

  • Undertaking a risk assessment for your organisation
  • Establishing an effective and appropriate compliance programme
  • Customer due diligence issues
  • Specific risk issues, including PEPs, PTRs, SARs, record keeping and audits
  • Cost saving strategies, including systems integration and training tools.