Anti-Money Laundering in a Nutshell: Awareness and Compliance for Financial Personnel and Business Managers

Book Description

Anti–Money Laundering in a Nutshellis a concise, accessible, and practical guide to compliance with anti–money laundering law for financial professionals, corporate investigators, business managers, and all personnel of financial institutions who are required, under penalty of hefty fines, to get anti–money laundering training.

Money laundering is endemic. As much as 5 percent of global GDP ($3.6 trillion) is laundered by criminals each year. It’s no wonder that every financial institution in the United States—including banks, credit card companies, insurers, securities brokerages, private funds, and money service businesses—must comply with complex examination, training, and reporting requirements mandated by a welter of federal anti–money laundering (AML) laws. Ignorance of crime is no excuse before the law. Financial institutions and businesses that unknowingly serve as conduits for money laundering are no less liable to prosecution and fines than those that condone or abet it.

In Anti–Money Laundering in a Nutshell: Awareness and Compliance for Financial Personnel and Business Managers, Kevin Sullivan draws on a distinguished career as an AML agent and consultant to teach personnel in financial institutions what money laundering is, who does it, how they do it, how to prevent it, how to detect it, and how to report it in compliance with federal law. He traces the dynamic interplay among employees, regulatory examiners, compliance officers, fraud and forensic accountants and technologists, criminal investigators, and prosecutors in following up on reports, catching launderers, and protecting the integrity and reputations of financial institutions and businesses. In particular, corporate investigators will gain rich insights winnowed from the author’s experiences as a New York State and federal investigator.

What you’ll learn

• US federal and international AML laws
• The AML measures and program that financial institutions must have in place to control money laundering, such as KYC, CIP, and AML/CFT risk assessment
• The practical steps that personnel at every level from the teller window to the C-suite must know to ensure institutional compliance with AML regulations, such as filling out SARs and CTRs

Who this book is for

Under federal acts such as the Bank Secrecy Act of 1970, the Money Laundering Suppression Act of 1994, and the Intelligence Reform and Terrorism Prevention Act of 2004, every financial institution in the United States must have an anti–money laundering program in place that includes annual training of all relevant employees. This short book is an educational text or supplemental reader for such training by anti–money laundering compliance officers, examiners, agents, and consultants.

Table of Contents

Chapter 1: What Is Money Laundering?
Chapter 2: Methods of Money Laundering
Chapter 3: Federal Regulations
Chapter 4: Building a Quality AML Program
Chapter 5: Know Your Customer and Customer Identification Program
Chapter 6: A SAR Is Born
Chapter 7: Tips for Law Enforcement and Financial Crimes Investigators
Chapter 8: International Standards
Chapter 9: Fraud and Anti-money Laundering
Appendix A: Money-Laundering Red Flags
Appendix B: Code of Federal Regulations Title 31 Section 103.18

中文：

书名：反洗钱一言以蔽之：财务人员和业务经理的意识和合规

坚果果中的反洗钱 一本简明、易懂、实用的反洗钱法合规指南，适用于金融专业人员、企业调查人员、业务经理和所有被要求接受反洗钱培训的金融机构人员，在巨额罚款的情况下。

洗钱是地方性的。每年高达全球GDP(3.6万亿美元)的5%被犯罪分子洗钱。难怪美国的每一家金融机构–包括银行、信用卡公司、保险公司、证券经纪公司、私人基金和货币服务企业–都必须遵守一系列联邦反洗钱(AML)法律规定的复杂的审查、培训和报告要求。在法律面前，对犯罪的无知不是借口。在不知情的情况下充当洗钱渠道的金融机构和企业，受到起诉和罚款的可能性不亚于纵容或教唆洗钱的金融机构和企业。

在《简而言之：金融人员和业务经理的反洗钱意识和合规》一书中，Kevin Sullivan利用他作为AML特工和顾问的杰出职业生涯，向金融机构的人员传授什么是洗钱，谁从事洗钱，他们如何洗钱，如何防止洗钱，如何发现洗钱，以及如何根据联邦法律报告洗钱。他追踪了员工、监管审查员、合规官员、欺诈和法医会计师和技术员、刑事调查人员和检察官之间在跟进报告、抓获洗钱者以及保护金融机构和企业的诚信和声誉方面的动态相互作用。特别是，企业调查人员将从作者作为纽约州和联邦调查员的经验中获得丰富的见解。

你会学到什么？

• 美国联邦和国际反洗钱法
• 金融机构控制洗钱必须具备的反洗钱措施和计划，如KYC、CIP和AML/CFT风险评估
• 从柜台窗口到最高层的各级人员必须了解的实际步骤，以确保机构遵守反洗钱法规，如填写SARS和CTR

这本书是为谁而写的

根据1970年的《银行保密法》、1994年的《反洗钱法》和2004年的《情报改革和恐怖主义预防法》等联邦法案，美国的每一家金融机构都必须制定反洗钱计划，其中包括对所有相关员工进行年度培训。这本短书是反洗钱合规官员、审查员、代理人和顾问进行此类培训的教育文本或补充读物。

目录表

Chapter 1: What Is Money Laundering?
第二章：洗钱的方法
Chapter 3: Federal Regulations
第4章：建立高质量的反洗钱计划
第5章：了解您的客户和客户识别计划
Chapter 6: A SAR Is Born
第7章：执法和金融犯罪调查提示
Chapter 8: International Standards
Chapter 9: Fraud and Anti-money Laundering
附录A：洗钱危险信号
附录B：联邦法规法典第31章第103.18节