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.