CREATESPACE Guide for IRS Investigators: Anti-money Laundering: Volume 1 (Guides for IRS Investigators)

This book is a must for IRS investigators! 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 IRS investigators may better understand, monitor and prevent the flow of illicit funds through the international banking industry. 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. About the Author Mr. Walsh is a subject-matter-expert in Anti-money Laundering (AML) and the international banking and financial services industry with over 30 years of “hands-on” experience spanning U.S. and global markets. He is a CAMs certified Anti-money Laundering/Know Your Customer specialist. After serving as a Vice President at large money-center banks, Mr. Walsh worked on Anti-money Laundering and Know Your Customer (KYC) consulting projects involving “AML Lookbacks,” transaction monitoring, SARs writing, retail and institutional remediations, assessment of AML/KYC compliance programs, drafting of AML/KYC policies and procedures, and AML/KYC technical training. In addition to this book, Mr. Walsh has authored several other AML/KYC compliance books published worldwide via www.amazon.com and www.barnesandnoble.com. His books contain specific, hands-on information on a wide range of AML/KYC subjects including unique texts written specifically to provide better understanding of international banking and financial services for FBI Special Agents, IRS investigators, law enforcement authorities and AML compliance staff. In addition, Mr. Walsh has written a wide array of books on domestic and international banking and financial services. Each provides valuable details and insight into the inner workings of the subject matter and relevant impact on regulatory compliance. Mr. Walsh previously established a MBA accredited program at New York University and Wayne State University on International Capital Markets, and he has conducted AML/KYC technical training for Federal Reserve Bank of New York Examiners, professional investigators and compliance staff at major banks. Mr. Walsh continues to provide assistance on AML/KYC projects including related technical training. He may be contacted at walsh516@aol.com.