Anti-money Laundering Compliance Handbook: A Practical Hands-on Guide for Compliance Professionals

This AML Compliance Handbook is a must for all AML professionals It has been prepared with clear, specific information to serve as a practical, quick-reference guide for regulated companies and their staff whose responsibilities involve compliance in this vital area. The following subject areas comprise the essential components of a sound, well-rounded AML compliance program. -AML regulatory compliance requirements; -"Know-your-customer" (KYC) procedures; -Currency transaction reporting (CTR) processing; -Structuring of transactions; -Foreign Corrupt Practices Act (FCPA) -Office of Foreign Assets Control (OFAC); -Correspondent relationships; -Wire transactions; -"Red-flag" suspicious transactions; -Transaction monitoring practices; -Due-diligence research; -SARs processing; -Terrorist organizations; -AML/KYC technical training; -Case studies; and, -AML/KYC acronyms. The information presented by Bob Walsh has been compiled from decades of in-depth, hands-on experience in the field of Anti-money Laundering. This includes working with some of the largest domestic and international banks, AML/KYC consulting agencies, Federal Bureau of Investigation, and the Federal Reserve Bank of New York in addressing major AML/KYC cases. As one of the leading authorities in the field, Mr. Walsh assists banks with AML/KYC auditing, investigations, compliance assessments, remediations and related AML/KYC technical training. His office is located in New York; he may be reached by email at: walsh516@aol.com.