Price loading...

Compliance and Financial Crime Risk in Banks: A Practitioners Guide

Banking

Price data last checked 106 day(s) ago - refreshing...

View at Amazon

Price History & Forecast

No Price Data Available

Price history will appear here once data is collected from Amazon.

Price Distribution

No price data available for histogram

Description

US and global banking regulators have enforced compliance laws to minimise money laundering, terrorist funding, human trafficking, fraudulent banking activities, and bad mortgage loans that expose banks to significant risks and losses. However, many banks have complained of over-regulation. ‘Compliance and Financial Crime Risk in Banks: A Practitioners Guide’ investigates anti-money laundering standards, counter-terrorist financing measures that cover the Bank Secrecy Act laws, and control activities designed to mitigate breaches, such as ‘prevent, detect, and monitor’. A focus group of ten senior banking finance experts was convened to build consensus on compliance practices that senior bank managers can implement to be effective in reducing losses in banks/bank holding companies. The result is the following consensus: a) Maintenance of effective and independent compliance, consistent with the organisational objectives b) Clear definition of data sources for compliance analytics c) Compliance monitoring d) Reporting activities to upper management e) Top leadership must champion their code of ethics f) Understanding the regulatory compliance activities that are effective Author Sophia Beckett Velez offers an original contribution to the field of banking that Undergraduates, Master’s, Ph.D. students, academics, and researchers can use to gain a deeper understanding of compliance, and AML risks in banks, and the use of effective management practices.

Key Features

Pages Count - 178. Binding type - Hardcover.

Product Specifications

Format: hardcover
ASIN: 1835490425
Category: Books > Subjects > Business, Finance & Law > Professional Finance > Banking
Domain: Amazon UK
Release Date: 25 March 2024
Listed Since: 16 October 2023

Barcode

No barcode data available

Compliance and Financial Crime Risk in Banks: A Practitioners Guide

Price History & Forecast

No Price Data Available

Price Distribution

Description

Key Features

Product Specifications

Barcode

Similar Products You Might Like

Anti-Money Laundering Regulation and Compliance: Key Problems and Practice Areas (Elgar Compliance Guides)

Anti-Money Laundering Regulation and Compliance: Key Problems and Practice Areas (Elgar Compliance Guides)

THE BANK’S ANTI-MONEY LAUNDERING COMPLIANCE POLICY: Techniques for Developing, Administering and Maintaining an Effective Policy for Compliance with Banking Anti-Money Laundering Regulations

Bank Regulation, Risk Management, and Compliance: Theory, Practice, and Key Problem Areas (Practical Finance and Banking Guides)

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

Deterring and Detecting Money Laundering and Terrorist Financing: A Comparative Analysis of Anti–Money Laundering and Counterterrorism Financing Strategies

Financial Crime Compliance: A Handbook for the Detection, Prevention and Investigation of Financial Crime (Financial Crime Investigation)

Financial Crime Compliance: A Handbook for the Detection, Prevention and Investigation of Financial Crime (Financial Crime Investigation)

Banking and Effective Capital Regulation in Practice: A Leadership Perspective (Banking, Money and International Finance)

Investment Banking: Hands-on Guide for Financial Professionals

Can Banks Still Keep a Secret?: Bank Secrecy in Financial Centres around the World

How Terrorists Move Money Through Banks: Ways to Detect and Stop Terrorist Financing

Regulating and Combating Money Laundering and Terrorist Financing: The Law in Emerging Economies (The Law of Financial Crime)

Compliance Manager’s Guidebook: The Go To Reference Book for All UK Financial Services Compliance & Risk Managers for the 2020’s

Artificial Intelligence Applications in Banking and Financial Services: Anti Money Laundering and Compliance (Future of Business and Finance)

Guide for AML Auditors - Fraud and Embezzlement: Volume 15

Neate and Godfrey: Bank Confidentiality

Commercial Banking Risk Management: Regulation in the Wake of the Financial Crisis

Money Laundering and Terrorism Financing in Global Financial Systems

CREATESPACE Guide for AML Auditors - Investment Banking Vol 13

Trade Based Financial Crime Volume One: Beyond "Trade Based Money Laundering" (The Vortex Centrum Financial Crime Risk and Compliance Library)

AML Auditing - Understanding Fraud and Embezzlement: Volume 10

AML Auditing - Understanding Global Securities Industry: Volume 13

CREATESPACE AML Auditing - Understanding FCPA Volume 8