Anti-money Laundering: a Guide for the Non-executive Director
*FULLY UPDATED to meet the requirements of the 2017 Regulations* This book is aimed at non-executive directors of UK firms covered by the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. These Regulations place requirements on such firms to put in place policies and procedures to prevent and forestall money laundering and terrorist financing - and hold 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 UK'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 | 96 pages
- 127 x 205 x 6.1mm | 117.93g
- 30 Mar 2012
- North Charleston SC, United States
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.