Anti-Money Laundering
International Law and Practice
1. Edition April 2007
836 Pages, Hardcover
Handbook/Reference Book
Short Description
Preventing money laundering and the financing of terrorism is a number one concern of business organizations the world over. The first handbook of its kind, Money Laundering: International Law and Practice provides readers with a complete overview and comprehensive knowledge of the rules and regulations in different countries, set against FATF (Financial Action Task Force on Money Laundering) International Initiatives. With contributions from top-tier international specialists, from both private and public sectors, the book allows readers to compare the key topics in money laundering legislation and the rules in different countries.
Further versions
Anti-money laundering has become increasingly important and complex for anyone involved in international financial services - from bankers, fiduciaries and trustees to lawyers, accountants, fund managers and many others. The USA Patriot Act and the FATF's standards regarding anti-money-laundering (AML) and to combat the financing of terrorism (CFT) are just two significant measures which, together with other relevant legislation in individual countries, have created a complex, globally interconnected system of laws and regulations that international financial professionals must understand.
The complexity of AML/CFT regulations in different countries is so immense that there is an obvious need for a practical, concise handbook that gives clear information in this field for all those involved in relevant international business.
Anti-Money Laundering: International Law and Practice gives a concise overview of:
* how institutions like the UN Security Council, the EU or the Wolfsberg Forum develop ways to fight money laundering and terrorist financing, and
* how the Recommendations of the FATF and the Directives of the European Commission concerning AML/CFT are implemented in the legislation of their member countries
* includes detailed information from a wealth of specialists outlining the implementation of anti-money laundering measures in a total of 41 countries and territories.
Accordingly, the handbook is a must for anyone whose activities are affected by AML/CFT regulations as well as the principal point of reference in this field from an international perspective.
Alliance partners.
About this book.
About the editors.
Foreword.
Anti-Money Laundering - A short history.
INTERNATIONAL ISSUES.
Compliance and AML - Standards, education and training.
Anti-Money Laundering Regulation and Trusts.
INTERNATIONAL ORGANIZATIONS AND INITIATIVES.
The United Nations Security Council and the effort to combat money laundering and the financing of terrorism.
UN Anti-Money Laundering Initiatives.
Initiatives of the European Commission.
The Financial Action Task Force.
The Egmont Group.
The Wolfsberg Process.
COUNTRIES.
THE AMERICAS.
USA.
Canada.
Panama.
Argentina.
Brazil.
Uruguay.
Chile.
BAHAMAS, BERMUDA AND CARIBBEAN.
Bermuda.
Bahamas.
Cayman Islands.
British Virgin Islands.
Barbados.
Netherlands Antilles and Aruba.
St. Kitts and Nevis.
EUROPE.
Switzerland.
Liechtenstein.
Austria.
United Kingdom.
Jersey.
Cyprus.
Isle of Man.
Ireland.
Germany.
France.
Monaco.
Spain.
Italy.
Greece.
Belgium.
Netherlands.
Luxembourg.
Russian Federation.
Ukraine.
MIDDLE EAST.
United Arab Emirates.
ASIA PACIFIC.
Singapore.
Japan.
China.
Hong Kong.
Australia.
New Zealand.
Africa.
South Africa.
Index.
Christian H. Kälin, TEP, Partner at Henley & Partners in Zurich, is an international real-estate, tax and estate-planning specialist and licensed as a financial intermediary in Switzerland. He is the editor and one of the co-authors of the International Real Estate Handbook as well as the Switzerland Business & Investment Handbook. After completing Zurich Business School and his training at a Swiss private bank, he lived and studied in several countries before graduating from the University of Zurich with a cum laude Masters degree in law.
John G. Goldsworth, Editor of Trusts & Trustees, is a barrister based in London and Of Counsel to Henley & Partners in Jersey, Channel Islands. He holds an LLB (Hons) from the University of London and an LLM in International Business Law from the University of Exeter. He frequently acts as a chairman and lecturer at professional conferences and advises governments, institutions and companies on the proper use and development of international financial activities and on the development of legislation for inward and outward investment, including company law, trusts, tax law, financial law and the relevant regulatory framework.
