Download the fantastic book titled Federal Money Laundering Regulation written by Steven Mark Levy, available in its entirety in both PDF and EPUB formats for online reading. This page includes a concise summary, a preview of the book cover, and detailed information about "Federal Money Laundering Regulation", which was released on 01 January 2015. We suggest perusing the summary before initiating your download. This book is a top selection for enthusiasts of the Banks and banking genre.
Summary of Federal Money Laundering Regulation by Steven Mark Levy PDF
Federal Money Laundering Regulation: Banking, Corporate and Securities Compliance is your complete guide to understanding and complying with all U.S. statutes, regulations and court decisions governing money laundering activity. This valuable desk reference provides in-depth analysis and guidance on recordkeeping and reporting requirements, anti- money laundering compliance programs, money laundering crimes, asset forfeitures, and state and international measures against money laundering and terrorist financing. This guide is especially aimed at law firms and corporate counsel representing banks, insurance companies, securities broker-dealers, and other financial institutions, as well as the criminal bar, public accountants, and compliance officers. The Second Edition of Federal Money Laundering Regulation reflects a substantial reorganization and expansion of the previous edition, and adds three new chapters covering: terrorist financing (Chapter 5); OFAC compliance (Chapter 10); and special measures against foreign jurisdictions or financial institutions deemed to be and“of primary money laundering concernand” (Chapter 30). The remaining chapters have been extensively rewritten and reorganized to reflect major regulatory developments. Highlights include: Techniques used by federal, state, and local politicians to launder money. The new role of the Federal Housing Finance Agency (FHFA) to ensure anti-money laundering compliance by Fannie Mae, Freddie Mac and the Federal Home Loan Banks. Designing an adequate Customer Identification Program (CIP) for verifying the identity of persons seeking to open an account and checking customer names against terrorist lists. Responding to an information request under Section 314(a) of the Patriot Act. Exercising due diligence when opening and managing correspondent accounts for foreign banks and enhanced due diligence for certain correspondent accounts. Blocking (freezing) assets and property of OFAC-designated countries, entities or individuals, and reporting the blocked transactions. Using automated systems to facilitate BSA reporting, including flagging suspicious activity and large currency transactions.
Detail About Federal Money Laundering Regulation PDF
- Author : Steven Mark Levy
- Publisher : Wolters Kluwer
- Genre : Banks and banking
- Total Pages : 1646 pages
- ISBN : 1454859768
- Release Date : 01 January 2015
- PDF File Size : 47,5 Mb
- Language : English
- Rating : 4/5 from 21 reviews
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