This book is a must for all FBI Special Agents! Bob Walsh describes the complex world of international banking and how terrorists, their supporters and criminal groups move dirty money around the world through the banking industry. More than ever before, the "bad guys" have become quite good at disguising their money laundering. That is why Bob Walsh, a leading authority in the field of anti-money laundering, explains how the world of international banking works in the hope that FBI Special Agents may better understand, monitor, deter and prevent the flow of illicit funds through international banks. The information presented has been compiled by Bob Walsh from decades of hands-on experience working with domestic and global banks, consulting agencies and the Federal Reserve Bank of New York. The following subject areas are covered providing a sound understanding of anti-money laundering: - AML regulatory compliance requirements; - "Know-your-customer" (KYC) procedures; - Currency transaction reports; - 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; and, - SARs processing; Mr. Walsh continues to assist banks with AML compliance investigations and related technical training. He may be contacted at: walsh516@aol.com.
- | Author: Bob Walsh
- | Publisher: CreateSpace Independent Publishing Platform
- | Publication Date: Jun 15, 2017
- | Number of Pages: 230 pages
- | Language: English
- | Binding: Paperback
- | ISBN-10: 1548174750
- | ISBN-13: 9781548174750
