Download or read book Information Technologies for the Control of Money Laundering written by and published by Congress. This book was released on 1995 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Information Technologies for the Control of Money Laundering written by and published by . This book was released on 1995 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Information Technologies for Control of Money Laundering written by Gordon Press Publishers and published by . This book was released on 1996-10 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Information Technologies for the Control of Money Laundering written by Gordon Press Publishers and published by . This book was released on 1997-06 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Technology and Anti money Laundering written by Dionysios S. Demetis and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: . . . a stimulating look at the hard work done in many specialisms that collectively seek to combat money laundering. Sally Ramage, The Criminal Lawyer While there is much noise about the control of money laundering, there are few whose work is able to rise above the din and in clear notes contribute in a constructive manner to the debate. This work is not only an intelligent discussion of many of the substantive issues relating to the control of money laundering, but a great deal more. Drawing on systems theory and seeing the control of money laundering particularly from the standpoint of technology as complex and integral to the proper and effective operation of financial institutions, the author addresses in a novel and practical way the design and management of risk based compliance. The theory is tested, not only in terms of viable technology, but also in an actual case study involving real issues in a bank. Consequently, those concerned with the formulation of policy, the design of controls and procedures and the implementation of such will find the contribution that this book makes of great significance. Barry Rider, Bryan Cave LLP, UK This book avoids the usual trap of interminably listing AML war stories. Instead Dr. Demetis presents a solid theoretical foundation for AML research and practice. He gives a damning critique of the way so-called technological solutions are used uncritically by some AML professionals, and analyses the risk-based approach, describing its problems and ways of avoiding them. He presents a fascinating in-depth case study of a financial institution, and a short case of a bank using technology to improve its True Positive Rate substantially to 17 per cent. Ian Angell, London School of Economics, UK Dr Demetis makes a great contribution to our understanding of anti-money laundering at both a systems and practical level. [He] writes as someone who not only thinks deeply about these issues but, as the in-depth case examples show, has tried to see how far technology can address some audacious goals. Readers will learn that while risk-based approaches to anti-money laundering have been an interesting regulatory development, practical implementation, despite the hype of technology vendors, is still at a primordial state . Michael Mainelli, Gresham College and Z/YEN Group, UK This insightful book examines the influence of information systems on anti-money laundering (AML). It builds on systems theory in order to develop a coherent theoretical framework that can be used for AML research. By using a case study of a major financial institution in the EU-area, a number of technological influences on AML are deconstructed and are used to examine the role that technology plays within AML. The book provides a systems theoretical description of the effects of technology on AML and offers considerations on the risk-based approach the most important contemporary evolution within regulatory initiatives on AML and terrorism financing. Technology and Anti-Money Laundering will appeal to researchers of financial crime and AML as well as those interested in information systems and systems theory. A number of considerations for practitioners are also discussed, including the risk-based approach and the integration of AML-technology in financial institutions, as well as an important data-mining application. Money Laundering Reporting Officers (MLROs) in financial institutions and central bankers will also find much of interest in this book.

Download or read book Money Laundering Control written by University of London. Institute of Advanced Legal Studies and published by . This book was released on 1996 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Information technologies for the control of money laundering written by and published by DIANE Publishing. This book was released on with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Legal Principles for Combatting Cyberlaundering written by Daniel Adeoyé Leslie and published by Springer. This book was released on 2014-07-18 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume deals with the very novel issue of cyber laundering. The book investigates the problem of cyber laundering legally and sets out why it is of a grave legal concern locally and internationally. The book looks at the current state of laws and how they do not fully come to grips with the problem. As a growing practice in these modern times, and manifesting through technological innovations, cyber laundering is the birth child of money laundering and cybercrime. It concerns how the internet is used for 'washing' illicit proceeds of crime. In addition to exploring the meaning and ambits of the problem with concrete real-life examples, more importantly, a substantial part of the work innovates ways in which the dilemma can be curbed legally. This volume delves into a very grey area of law, daring a yet unthreaded territory and scouring undiscovered paths where money laundering, cybercrime, information technology and international law converge. In addition to unearthing such complexity, the hallmark of this book is in the innovative solutions and dynamic remedies it postulates.

Download or read book Implementation of Anti Money Laundering Information Systems written by Yong Li and published by AuthorHouse. This book was released on 2016-05-14 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is intended for compliance professionals, IT professionals, and business stakeholders who are working on anti-money laundering (AML) or financial crime risk management information systems implementation. This book focuses on the AML information systems technical implementation, especially the implementation/project planning, and current state, future state, gap analysis, as well some technical solutions and practical approaches. Most topics discussed in this book are for banks in the United States and Canada, but the principles and frameworks mentioned in the book could also be utilized in AML information systems implementations for insurance companies, asset/investment management firms, and securities dealers/brokers in North America or other jurisdictions even though different type financial institutions have different AML regulatory requirements in different jurisdictions.

Download or read book Financial Technology and the Law written by Doron Goldbarsht and published by Springer Nature. This book was released on 2022-02-04 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blockchains and cryptocurrencies, open banking, virtual assets, and artificial intelligence have become the buzzword of this decade. This book focuses on these ‘disruptive’ financial technologies that provide alternatives to the traditional financial services typically offered by regulated financial institutions. Financial technologies are characterized by the innovative ways in which they initiate, support or extend traditional financial services or offer alternative financial pathways and products. However, these financial technologies also pose money laundering and terrorist and proliferation financing as well as cyber security risks that require mitigation. This edited volume addresses a range of regulatory and enforcement challenges related to financial technology and financial crime. The book responds to the United Nations’ Sustainable Development Goals, in particular in relation to economic development, employment, national security, law enforcement and social well-being. Fostering responsible financial innovation promotes long-term economic growth, inclusion, and improved living standards. This book explores how to promote financial innovation while mitigating risks in a way that ensures financial prosperity and social inclusion.

Download or read book Powering the Digital Economy Opportunities and Risks of Artificial Intelligence in Finance written by El Bachir Boukherouaa and published by International Monetary Fund. This book was released on 2021-10-22 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.

Download or read book Reference Guide to Anti money Laundering and Combating the Financing of Terrorism written by Paul Allan Schott and published by World Bank Publications. This book was released on 2006 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Efforts to launder money and finance terrorism have been evolving rapidly in recent years in response to heightened countermeasures. The international community has witnessed the use of increasingly sophisticated methods to move illicit funds through financial systems across the globe and has acknowledged the need for improved multilateral cooperation to fight these criminal activities. The World Bank and International Monetary Fund have developed this guide to help countries understand the new international standards. It will hopefully serve as a comprehensive source of practical information for countries to fight money laundering and terrorist financing. It discusses the problems caused by these crimes, the specific actions countries need to take to address them, and the role international organizations, such as the Bank and the IMF, play in the process. This guide is a tool for countries to establish and improve their legal and institutional frameworks and their preventive measures according to international standards and best practices. -- From Foreword (p. ix).

Download or read book Assessment of Technologies for Forensic Auditing to Combat Money Laundering in the U S Banking Industry written by and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyses the recommendations of six money laundering investigation and detection experts. The insertion of newly identified technologies, and auditing practices to detect and deter money laundering in the banking industry were explored to support these recommendations. The experts rank-ordered responses to a listing of contemporary research findings on technology from a government-appointed panel on money laundering investigation and prosecution. They also provided open-ended responses to questions about applying information technology to assist auditors in the banking industry with money-laundering detection. This study found high congruence among the experts for the development and application of at least two of the proposed technologies. Further, they endorsed the role and application of other technologies not reviewed by the government panel. A case was made for the importance of the bank auditor's role, and to interact in a complementary fashion with the expert systems. This study suggests, and concurs with findings of several other recent studies that information technology coupled with the enhanced capabilities of auditors provides a critical asset to money laundering detection. The Project DrugMARKET Interim Final Report was used as a springboard for this report.

Download or read book Economic and Financial Crime written by Monica Violeta Achim and published by Springer Nature. This book was released on 2020-08-29 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with the widespread economic and financial crime issues of corruption, the shadow economy and money laundering. It investigates both the theoretical and practical aspects of these crimes, identifying their effects on economic, social and political life. This book presents these causes and effects with a state of the art review and with recent empirical research. It compares the international and transnational aspects of these economic and financial crimes through discussion and critical analysis. This volume will be of interest to researchers and policy makers working to study and prevent economic and financial crime, white collar crime, and organized crime.

Download or read book Data Protection and Privacy Volume 15 written by Hideyuki Matsumi and published by Bloomsbury Publishing. This book was released on 2023-05-04 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers conceptual analyses, highlights issues, proposes solutions, and discusses practices regarding privacy and data protection in transitional times. It is one of the results of the 15th annual International Conference on Computers, Privacy and Data Protection (CPDP), which was held in Brussels in May 2022. We are in a time of transition. Artificial Intelligence is making significant breakthroughs in how humans use data and information, and is changing our lives in virtually all aspects. The pandemic has pushed society to adopt changes in how, when, why, and the media through which, we interact. A new generation of European digital regulations - such as the AI Act, Digital Services Act, Digital Markets Act, Data Governance Act, and Data Act - is on the horizon. This raises difficult questions as to which rights we should have, the degree to which these rights should be balanced against other poignant social interests, and how these rights should be enforced in light of the fluidity and uncertainty of circumstances. The book covers a range of topics, including: data protection risks in European retail banks; data protection, privacy legislation, and litigation in China; synthetic data generation as a privacy-preserving technique for the training of machine learning models; effectiveness of privacy consent dialogues; legal analysis of the role of individuals in data protection law; and the role of data subject rights in the platform economy. This interdisciplinary book has been written at a time when the scale and impact of data processing on society – on individuals as well as on social systems – is becoming ever more important. It discusses open issues as well as daring and prospective approaches and is an insightful resource for readers with an interest in computers, privacy and data protection.

Download or read book Financial Intelligence Units written by International Monetary Fund and published by International Monetary Fund. This book was released on 2004-06-17 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decade and beyond, the need for a modern anti-money-laundering strategy has become widely accepted internationally. Depriving criminal elements of the proceeds of their crimes has increasingly been seen as an important tool to combat drug trafficking and, more recently, as a critical element in fighting organized crime, corruption, and the financing of terrorism, and maintaining the integrity of financial markets. The first few financial intelligence units (FIUs) were established in the early 1990s in response to the need for countries to have a central agency to receive, analyze, and disseminate financial information to combat money laundering. Over the ensuing period, the number of FIUs has continued to increase, reaching 84 in 2003. This handbook responds to the need for information on FIUs. It provides references to the appropriate Financial ActionTask Force (FATF) standards wherever appropriate.

Download or read book The New Technology of Crime Law and Social Control written by James Michael Byrne and published by . This book was released on 2007 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the impact of new technology on crime and its prevention, and on the criminal justice system.