Book Description

The purpose of this book is to introduce the reader to mechanisms useful for detection and avoidance of money-laundering activities (MLAs) and terrorist financing as well as suggest improvements to existing anti-MLA methods and procedures where appropriate. Money laundering occurs in every country. The significant factor is to diagnose illegal MLAs and apply regulations to mitigate them. To meet this objective, managers of financial instituÂtions need to train their employees about anti-money-laundering proÂcesses and how to diagnose and prevent them. Anti-money-laundering activities can also affect financial systems of a country. MLAs can create a big gap between income classes. Money laundering can also decrease bank's and financial instituÂtion's credibility. This book will be of special interest to financial managers in the priÂvate and public sector and will also be a useful guide for those involved in international financial transactions.

Table of Contents

  1. Cover
  2. Half Title Page
  3. Title Page
  4. Copyright Page
  5. Dedication
  6. Contents
  7. Acknowledgments
  8. Chapter 1 Background
  9. Chapter 2 Money Laundering Methods
  10. Chapter 3 Money Laundering Detection Methods
  11. Chapter 4 Effects of Money Laundering on the Macro Economy
  12. Chapter 5 Suspicious Transaction Types
  13. Chapter 6 Organizations Dealing with Money Laundering and Terrorist Financing
  14. Chapter 7 Two Money-Laundering Cases
  15. Chapter 8 Corporate Money-Laundering Events in USA
  16. Chapter 9 New Place to Launder Money
  17. Chapter 10 Measures for Preventing Money Laundering
  18. Conclusion and Recommendations
  19. References
  20. Index