Combating Money Laundering and Terrorist Financing: A Model of Best Practice for the Financial Sector, the Professions and Other Designated Businesses Book

PART 1: Global Issues, Strategies and Standards: 1. Background and Introduction; 2. Money Laundering: the Need for Action and the Benefits to be Obtained; 3. Understanding how Terrorism is Financed; 4. Development of International Initiatives and Standards; 5. Establishing International and Regional Co-operation; PART II National Strategies: 6. Developing National Strategies; 7. Criminalising Money Laundering; 8. Setting Obligations for the Financial Sector, the Professions and Other Designated Businesses; 9. Processing Reports, Investigations, Prosecution and Confiscation; PART III Financial Controls, Policies and Procedures: 10. Internal Controls, Policies and Procedures; 11. Establishing Customer Due Diligence Procedures; 12. Recognition and Reporting of Suspicions; 13. Retention of Records; 14. Awareness Raising and Training; Appendices.