CREATESPACE 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.