Description
Bloomsbury Publishing PLC Money Laundering Compliance by Tim Bennett
Money laundering has continued to grow over recent years approaching £80 billion in the UK alone and USD 3 trillion per year globally. Money Laundering Compliance Third Edition provides a technical and practical overview of both the UK and the international provisions designed to prevent the laundering of the proceeds of serious crime and the financing of terrorism. The third edition includes coverage of the issue of beneficial ownership; Counter Terrorism Act 2008; Crime and Courts Act 2013; UK Financial Services Act 2012; HMRC AML Factsheets; revised International Standards on AML CFT and Proliferation; EU Fourth Money Laundering Directive; the evolution of suspicion and the requisite standard of proof; ever increasing complexities of money transfers.