Preventing Money Laundering and Terrorism Financing: Practical Guide for Banking Professionals

Money laundering and terrorism financing are major issues that many countries around the world have to combat. Effective supervision of financial institutions plays a key role in this struggle, as they must not fall under the control of criminal circles. The book describes the main aspects of effective oversight of banking activities: from the goals and objectives of monitoring banking institutions, cooperation with national and international bodies engaged in the fight against money laundering/terrorism financing, to conducting field and documentary inspections, imposing sanctions, and enforcing the law. The book is aimed at banking employees and professionals in the field of financial control.