Preventing Money Laundering and Terrorist Financing: A Practical Guide for Bank Supervisors

by Pierre-laurent Chatain, Paul Allan Schott, Emile Van Der Does, et al.

Money laundering and terrorist financing are serious crimes that affect not only those persons directly involved, but the economy as a whole. According to international standards, every bank has the obligation to know its customers and to report suspicious transactions. Although these obligations sound straightforward, they have proved challenging to implement. What information precisely has to be gathered? How should it be recorded? If and when does...

• Format: Paperback
• Language: English
• ISBN: 0821379127
• ISBN13: 9780821379127
• Release Date: May 2009
• Publisher: World Bank Publications
• Length: 304 Pages
• Weight: 1.35 lbs.
• Dimensions: 0.7" x 7.0" x 9.9"