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      Book

      Money Laundering
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      Book

      Money Laundering

      DOI link for Money Laundering

      Money Laundering book

      A Concise Guide for All Business

      Money Laundering

      DOI link for Money Laundering

      Money Laundering book

      A Concise Guide for All Business
      ByDoug Hopton
      Edition 2nd Edition
      First Published 2009
      eBook Published 29 October 2020
      Pub. Location London
      Imprint Routledge
      DOI https://doi.org/10.4324/9781003062226
      Pages 232
      eBook ISBN 9781003062226
      Subjects Economics, Finance, Business & Industry, Law, Social Sciences
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      Hopton, D. (2009). Money Laundering: A Concise Guide for All Business (2nd ed.). Routledge. https://doi.org/10.4324/9781003062226

      ABSTRACT

      Worldwide, anti-money laundering regulations and legislation have become one of the weapons of choice of governments that are fighting global terrorism and criminality. In this updated edition of Money Laundering, Doug Hopton explains how The Money Laundering Regulations 2007 have extended even further the range of UK businesses covered by the Proceeds of Crime Act to include solicitors, lawyers, accountants, estate agents, high value dealers, trust or company service providers and, in effect, many other companies involved in consultancy or business services. The complexity of the new laws and the limited amount of any case law asks more questions about the responsibilities of these companies and their liabilities. Doug Hopton's highly practical guide explains the basis of international law, regulations and standards in this area and how they affect businesses; and provides down-to-earth advice on the basic rules of good business management: customer due diligence, know your business (and your client's business), which will help companies understand what procedures to establish, and how and when to report suspicious activity. The author explains the basis of money laundering and how it works, along with the development of the law and regulations around the world, and how other countries' laws can affect UK companies.

      TABLE OF CONTENTS

      chapter 1|5 pages

      Introduction to Money Laundering

      chapter 2|12 pages

      International Development of Law and Regulation

      chapter 3|7 pages

      Financial Action Task Force (FATF)

      chapter 4|5 pages

      European Directives

      chapter 5|6 pages

      US Legislation

      chapter 6|5 pages

      UK Legislation

      chapter 7|26 pages

      Proceeds of Crime Act 2002 – Part 7: Requirements and Offences

      chapter 8|8 pages

      Proceeds of Crime Act 2002 – Other Areas

      chapter 9|3 pages

      Terrorism Act 2000 – Requirements and Offences

      chapter 10|11 pages

      Money Laundering Regulations 2007

      chapter 11|7 pages

      How to Implement in Practice the UK Anti-Money Laundering Legislation and Regulations – General Review

      chapter 12|10 pages

      Customer Due Diligence (CDD)

      chapter 13|3 pages

      Record-keeping

      chapter 14|6 pages

      Reporting Requirements

      chapter 15|4 pages

      The Role of the Money Laundering Reporting Officer (MLRO)

      chapter 16|3 pages

      The Money Laundering Reporting Officer’s Annual Report

      chapter 17|3 pages

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