The digitized economy makes many money launderers able to execute their criminal schemes successfully. In many cases, the current AML regulations are no longer effective or adequate to prevent or stop most money launderers. Hence the need to deconstruct and reconstruct the current AML regulations. A key element of the reconstructed AML regulations has to be promoting the active involvement of financial institutions as partners. AML compliance should go beyond meeting the minimum requirements to escape being penalized for ...
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The digitized economy makes many money launderers able to execute their criminal schemes successfully. In many cases, the current AML regulations are no longer effective or adequate to prevent or stop most money launderers. Hence the need to deconstruct and reconstruct the current AML regulations. A key element of the reconstructed AML regulations has to be promoting the active involvement of financial institutions as partners. AML compliance should go beyond meeting the minimum requirements to escape being penalized for non-compliance, but more sustainably nurturing a system that makes the concerned organizations see themselves as partners of the state, and the international agencies fighting financial crimes.
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Add this copy of Anti-Money Laundering (Aml): Governance, Risk to cart. $14.49, new condition, Sold by Ingram Customer Returns Center rated 5.0 out of 5 stars, ships from NV, USA, published 2022 by Independently Published.
