General Editors: Arun Srivastava, Mark Simpson and Nina Moffatt
Fourth edition of money laundering guide provides crucial updates on recent legal and regulatory developments
The new edition of International Guide to Money Laundering Law and Practice clearly explains and provides a detailed insight into the unprecedented wave of laws and regulations that have continued to be issued in key global financial centres throughout the world, resulting in industries and regulators alike becoming more sophisticated in their approach to anti-money laundering.
Each chapter is contributed by a local industry expert and offers an authoritative country-specific overview of the legislation and regulation relating to money laundering in that jurisdiction, including compliance, accounting and confiscation issues.
This essential guidebook also includes five chapters which analyse UK law and practice, confiscating the proceeds of crime and accounting and auditing issues.
Important new content
The fifth edition of this established work has been fully updated to cover the following:
• Recent cases and enforcement action
• The FSA’s 2011 report, entitled Banks’ management of high money-laundering risk situations
• Regulatory updates
• Creation of the FCA and its responsibilities for AML and CTF
• The FSA’s consultation paper (CP11/12) entitled Financial crime: a guide for firms
• Recent enforcement actions brought under the provisions of the Proceeds of Crime Act 2002
• The Financial Action Task Force’s latest thinking around money laundering and terrorist financing
• The Basel Committee on Banking Supervision’s guidance for supervisors
• The EU’s proposal for a Fourth Money Laundering Directive
• Expansion of geographical coverage to include new chapters on Belgium and Saudi Arabia
• Significant developments in various jurisdictions which have resulted in the expansion of organisations subject to anti-money laundering laws and the introduction of entirely new legislative frameworks such as in Brazil and New Zealand
Comprehensive coverage of 36 jurisdictions
This title offers insight into the law and practice relating to money laundering in thirty-six jurisdictions:
Argentina; Australia; Austria; Bahamas; Belgium (NEW), Bermuda; Brazil; BVI; Canada; Cayman Islands; China; France; Germany; Gibraltar; Greece; Guernsey; Hong Kong; India; Isle of Man; Italy; Japan; Jersey; Liechtenstein; Luxembourg;
Netherlands; New Zealand; Russia; Saudi Arabia (NEW); Singapore; South Africa; Spain; Switzerland; United Kingdom; United Arab Emirates; Ukraine; United States of America
Who should buy this book?
International Guide to Money Laundering Law and Practice, Fourth Edition is an essential addition to the bookshelf of every banking lawyer, compliance officer and anti-money laundering practitioner.
About the General Editors
Arun Srivastava is a Partner in Baker & McKenzie’s London office. He specialises in advising clients on money laundering and anti-bribery matters and representing clients in investigations and regulatory enforcement proceedings.
Mark Simpson is a Senior Associate in Baker & McKenzie’s Financial Services Group and a member of the firm’s Business Crime Unit. Based in the London office, Mark specialises in advising clients on financial services regulation and financial crime matters.
Nina Moffatt is an Associate in Baker & McKenzie’s Financial Services Group, based in the London office. She advises on money laundering compliance issues, including issues arising from mergers and acquisitions in emerging market jurisdictions.
ISBN: 978 1 84766 979 7 Pub date: October 2013 Format: Hardback
Price: £225 Extent: 1500pp