Money Laundering

Anti-Money wash / Combating Financing of Terrorism TABLE OF CONTENTS executive SUMMARY ...................................................................................................................................... 3 BACKGROUND AND CONTEXT ........................................................................................................................ 4 CHAPTER 1: CURRENT INITIATIVES - notes wash/ degeneracy NEXUS ............... 6 CHAPTER 2: VULNERABILITIES OF AML/CFT REGIMES TO decadence .................................. 18 CHAPTER 3: POLITICALLY EXPOSED PERSONS, CORRUPTION AND currency LAUNDERING........................................................................................................................................................ 34 CHAPTER 4: BEST PRACTICES FOR INTERNATIONAL CO-OPERATION......................................... 54 CHAPTER 5: PRIVATE SECTOR CORRUPTION AND property LAUNDERING................................. 75 CHAPTER 6: R ESOURCE AND TRAINING GAPS IN CORRUPTION/ MONEY LAUNDERING ..... 84 ANNEXES Annex 1: Examples of the Money wash - Corruption contact ................................................................ 91 Annex 2: powdered ginger Money Laundering Case Studies .......................................................................................

......... 96 Annex 3: Potential Obstacles to the espial of Bribery of Foreign Public Officials by AML Systems100 EXECUTIVE SUMMARY 1. This advertise is provided for the FATF/APG Anti-Corruption/AML/CTF Issue Project Group. It investigates the links between corruption a nd gold laundering, which traditionally hav! e been analyze in isolation. Although many three-cornered organisations and countries have expressed by-line on looking at the money laundering-corruption nexus, apart from this melodic theme there is as soon enough little opinionated research on the topic. 2. Corruption generates more(prenominal) than USD 1 trillion of outlaw(a) funds annually which atomic number 18 laundered both...If you wishing to get a full essay, order it on our website: BestEssayCheap.com

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