Money Laundering Compliance

(Paperback, 3rd edition)

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Money Laundering Compliance, 3rd edition provides a technical and practical overview of both the UK and international provisions designed to prevent the laundering of the proceeds of serious crime, and the financing of terrorism. 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, 3rd 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. Restructured and completely revised in line with legislation and case law 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. Previous edition ISBN: 9781847660527

Reviews

...an excellent source of materials and advice for practitioners who are operating in what can best be described as the 'era of compliance'...a welcome addition to the existing literature on money laundering and it contains a wealth of information that will prove essential to practitioners who operate in this area.The chapters are precise and well written...I would highly commend this book to both practitioners and students. -- Dr Nicholas Ryder * Journal of International Banking Law and Regulation Vol.30, Issue 8 *
The book will be most useful for those directly or indirectly involved in the financial services industry. Impressively, the author dedicates chapters to the legal profession, trustees, executors and trust service providers, corporate service providers, and bank and investment managers...a one-stop shop of information...an excellent foundation for understanding the issues around money laundering, and a must for professionals, practitioners and academics in the finance industry. -- Sharde Williams * STEP Journal July 2015 *
...a 'must' for anyone who wishes to obtain a simplified overview of a complex field as well as to busy lawyers and financial services practitioners...an important introductory text and an invaluable source-book that enables one to master the subject-matter... -- Dr Dayanath Jayasuriya * Commonwealth Lawyer Vol 25, No 1 *

Author Bio

Tim Bennett is Chief Executive of the Belgrave Group and a solicitor and member of the Law Society of England and Wales, the Law Society of Hong Kong and the Bermuda Bar.