Money Laundering

Anti-Money wash / Combating Financing of Terrorism TABLE OF CONTENTS executive SUMMARY ...................................................................................................................................... 3 BACKGROUND AND CONTEXT ........................................................................................................................ 4 CHAPTER 1: CURRENT INITIATIVES - notes wash/ degeneracy NEXUS ............... 6 CHAPTER 2: VULNERABILITIES OF AML/CFT REGIMES TO degeneration .................................. 18 CHAPTER 3: POLITICALLY EXPOSED PERSONS, CORRUPTION AND currency LAUNDERING........................................................................................................................................................ 34 CHAPTER 4: BEST PRACTICES FOR INTERNATIONAL CO-OPERATION......................................... 54 CHAPTER 5: PRIVATE SECTOR CORRUPTION AND specie LAUNDERING................................. 75 CHAPTER 6: RESOURCE AND TRAINING GAPS IN CORRUPTION/ MONEY LAUNDERING ..... 84 ANNEXES Annex 1: Examples of the Money launder - Corruption contact ................................................................ 91 Annex 2: pep Money Laundering Case Studies .......................................................................................

......... 96 Annex 3: Potential Obstacles to the espial of Bribery of Foreign Public Officials by AML Systems100 EXECUTIVE SUMMARY 1. This advertise is provided for the FATF/APG Anti-Corruption/AML/CTF Issue Project Group. It investigates the cerebrate between corruption and gold laundering, which traditionally have been canvas in isolation! . Although many three-cornered organisations and countries have expressed affaire on looking at the money laundering-corruption nexus, apart from this make-up there is as soon enough little authoritative research on the topic. 2. Corruption generates more(prenominal) than USD 1 trillion of unlawful funds annually which atomic number 18 laundered both...If you wish to get a full essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay