Anti-Money Laundering : A Guide for the Non-Executive Director Lsle of Man Edition: Everything Any Director or Partner of an Isle of Man Firm Covered by the Proceeds of Crime (Money Laundering) Code Needs to Know about Anti-Money Laundering and Countering
This book is aimed at non-executive directors of Isle of Man firms covered by the Anti-Money Laundering and Countering the Financing of Terrorism Code 2015. This Code places requirements on such firms to put in place policies and procedures to prevent and forestall money laundering and terrorist financing - and holds the directors of those firms responsible for ensuring that this is done to the required standard. It is essential that every director - whether executive or non-executive - is aware of the heightened requirements of the Isle of Man's AML/CFT regime, and of his specific responsibilities under the four tenets of that regime: customer due diligence, record-keeping, internal reporting, and staff training.
- Paperback | 102 pages
- 127 x 203 x 6mm | 118g
- 15 Apr 2012
- Createspace Independent Publishing Platform
- North Charleston SC, United States
- Illustrations, black and white
About Susan Grossey
Susan Grossey has worked in the anti-money laundering field for over fifteen years. In 2003 she set up Thinking about Crime Limited, a dedicated anti-money laundering consultancy. Her services include the provision of anti-money laundering training to staff and Money Laundering Reporting Officers, the reviewing and writing of anti-money laundering policies and procedures, and the undertaking of AML audits to assess the effectiveness and compliance of in-house AML regimes. As a trained teacher with an all-consuming interest in (some might say obsession with) money laundering, Susan is ideally placed to design and deliver training and advice that is compliant, effective and enjoyable. She is a monthly columnist with trade paper "Money Laundering Bulletin" and has written several books for Money Laundering Reporting Officers. She also writes a popular money laundering blog: www.ihatemoneylaundering.wordpress.com.