Preventing Money Laundering andTerrorist Financing : A Practical Guide for Bank Supervisors

Chatain, Pierre-Laurent ; McDowell, John ; Mousset, Cedric ; Schott, Paul Allan ; van der Does de Willebois, Emile

World Bank

关键词: ACCEPTABLE RISK;    ACCESS TO INFORMATION;    ACCOUNTABILITY;    ADB;    ADEQUATE SURVEILLANCE;   

DOI  :  10.1596/978-0-8213-7912-7
RP-ID  :  48895

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

This book is specifically designed forbank supervisors, some of whom may be looking for ways todevise a program of anti-money laundering/combating thefinancing of terrorism (AML/CFT) supervision. Others mayhave encountered difficulties in elements of their systemsof supervision and are looking for alternatives. Supervisorsmay also come to recognize even more efficient ways to carryout AML/CFT supervision. The objective of this book istherefore to provide a "how to" reference forpractitioners of financial regulation and supervision. Theauthors have attempted to conceive a practical guide, withthe purpose of resolving strategic and operationalsupervisory issues. They cover the entire spectrum ofsupervision, ranging from supervision objectives to thedesign and carrying out of onsite and offsite inspectionprograms, and from cooperation with other domestic andinternational AML/CFT authorities to sanctions andenforcement. The international community recognizes thatunder-regulated or unsupervised entities have the potentialto undermine confidence in financial markets and hampereconomic recovery. Better transparency, enhanced oversight,and stronger cross border cooperation among regulators andsupervisors in all areas of risks, including moneylaundering and terrorist financing, are necessary to ensurethat financial institutions always remain sound,sustainable, and vigilant. This task is even greater duringdifficult times.