TY  - BOOK
AU  - Rana,MdMasud
TI  - Anti money laundering and counter financing of terrorism compliance
SN  - 9789849352860
AV  - HV6771.B3 R36 2018
PY  - 2018///
CY  - Dhaka
PB  - Chandrabati Academy
KW  - Money laundering
KW  - Bangladesh
KW  - Prevention
KW  - Commercial crimes
KW  - Banks and banking
KW  - Money laundering investigation
KW  - International cooperation
KW  - Terrorism
KW  - Finance
N1  - Includes bibliographical references; CONTENTS 
1. Introduction 19 1.1 Background 19 1.2 What is Money Laundering 20 1.3 What is Terrorist Financing 22 1.4 Nature of Terrorist Financing 00 1.5 Why Money Laundering is Done 24 1.6 Why Terrorism Financing is Done 25 1.7 Why Money Laundering Matters 26 1.8 Why Terrorism Financing Matters 26 1.9 Difference between Money Laundering and Terrorism Financing 28 2. Understanding the International Framework and Controls 32 2.1 Background 32 2.2 International or Inter-governmental Organization 32 2.3 Semi-Governmental Organization 38 2.4 Non-Governmental Organization 38 2.5 Two Important Compliance that Affects Financial Industry 39 3. Drafting AML/CFT Policies, Procedures and Programs 42 3.1 Background 42 3.2 AML/CFT Policies 43 3.3 Content of AML/CFT Policies 45 3.4 Monitoring Compliance with the AML/CFT Polices 45 3.5 Senior Management Involvement with the AML/CFT Policies 45 3.6 Senior Management Commitments 45 3.7 AML/CFT Program 47 3.8 Content of AML/CFT Procedures 47
; Accounting & Finance; Economics; Law
N2  - Anti Money Laundering and Counter Terrorism Financing (AML/CFT) Compliance is the first ever prose, written for Bangladeshi reporting agencies which has encompassed all sorts of compliance related with the local AML/CFT laws and regulations in a very clear and precise manner. The relevant officials of the banks, financial institutions, insurance companies, capital market intermediaries and other reporting entities will be immensely benefited by this book to address their day to day AML/CFT compliance activities. This book covers AML/CFT risk assessment and management, responsibility of senior management, KYC and CDD, transaction monitoring, sanction regime and other statutory obligations as well as it has brought forward some new ideas, for example, score based CDD, digital KYC, CAMLCO report etc. Additionally, this book also discusses the new area of AML/CFT i.e. basic compliance related to digital innovation, and use of artificial intelligence and big data in the CDD process.
ER  -