Anti-Money Laundering (AML) Book (207 Pages): Financial Crime Prevention, Compliance, and Risk Management
- Description
Advanced AML Book PDF:
Anti-Money Laundering (AML): An Essential Guide to Financial Crime Prevention, Compliance, and Risk Management
207 Page Downloadable PDF
A comprehensive 207 page AML reference book covering money laundering, financial crime prevention, AML/CFT frameworks, risk management, KYC, CDD and EDD, UBO, PEPs, sanctions, transaction monitoring, investigations, SAR/STR reporting, AML governance and emerging financial crime risks.
Designed as a practical reference resource for AML, compliance, risk and financial crime professionals, the book provides structured explanations and guidance that can be used for ongoing learning, professional reference and AML compliance knowledge development.
Contents
1. Introduction to Financial Crime
· What Is Financial Crime
· Major Types of Financial Crime
· Predicate Crimes
· Understanding Money Laundering
· Common Money Laundering Typologies
· Consequences of Financial Crime
2. AML Global Framework
· FATF and Global AML Architecture
· FATF Recommendations
· Mutual Evaluation Process
· High-Risk Jurisdictions
· International AML Bodies
· National Regulators
· Risk-Based Approach
3. Risk Assessment Framework
· Enterprise-Wide Risk Assessment (EWRA)
· Customer Risk Assessment (CRA)
· Geographic Risk
· Product and Service Risk
· Delivery Channel Risk
· Industry and Sector Risk
· Inherent and Residual Risk
· Risk Appetite
· Risk Scoring and Methodology
4. Customer Due Diligence (CDD) & Risk Mitigation
· KYC and CDD
· Ongoing Due Diligence
· Customer Risk Profiling
· Source of Funds and Source of Wealth
· Ultimate Beneficial Ownership
· Legal Persons and Structures
· Trusts and Legal Arrangements
· Shell, Shelf and Front Companies
5. High-Risk Customers
· PEPs
· Correspondent Banking
· Offshore Financial Centres
· NPOs and Charities
· VASPs
· High-Risk Customer Typologies
· High-Risk Relationship Management
6. Screening & Sanctions
· Sanctions Frameworks
· Global Sanctions Regimes
· Sanctions Evasion
· Customer and Payment Screening
· Batch Screening
· PEP Screening
· Adverse Media
· Match Resolution and Red Flags
7. Transaction Monitoring
· Monitoring Fundamentals
· Rules-Based and Scenario-Based Monitoring
· Alert Generation, Triage and Review
· Investigations
· Case Management and Escalation
· Suspicious Activity Indicators
8. Reporting & Regulatory Obligations
· Internal Escalation
· SAR/STR Reporting
· Tipping Off
· Record Keeping
· Regulatory Reporting
· FIUs and Law Enforcement Requests
· Customer Exit and De-Risking
9. AML Compliance Framework
· AML Programme and Governance
· Policies and Procedures
· MLRO Responsibilities
· Employee Training and Awareness
· Independent Audit
· AML Controls Framework
· Three Lines of Defence
· Board and Senior Management Oversight
· Compliance Monitoring and Testing
10. Sectoral Risks and Red Flags
· Banking
· Non-Bank Financial Institutions
· Capital Markets
· Payments and Money Movement
· Virtual Assets and FinTech
· DNFBPs
· Trade-Based and Commercial Sectors
· Non-Profit Organisations
· Common Money Laundering Typologies
11. Technology, Evolving Risks & Best Practices
· Technology in AML Compliance
· Data Management, Governance and Privacy
· Evolving Financial Crime Methods
· Common AML Compliance Failures
· Best-Practice AML Framework
· End-to-End AML Lifecycle
GET AML Compliance Ready to Use Toolkit (16 Downloadable Templates)
