Kevin Sullivan Anti-Money Laundering in a Nutshell : Awareness & Compliance for

AntiMoney Laundering in a Nutshellis a concise, accessible, and practical guide to compliance with antimoney laundering law for financial professionals, corporate investigators, business managers, and all personnel of financial institutions who are required, under penalty of hefty fines, to get antimoney laundering training. This new edition of AntiMoney Laundering will update the topics discussed, and introduce the changes and updates including information on the AMLA Act of 2020, new EU standards and directives, antimoney laundering on digital currencies and more. Money laundering is endemic. As much as 5 percent of global GDP ($3.6 trillion) is laundered by criminals each year. Its no wonder that every financial institution in the United Statesincluding banks, credit card companies, insurers, securities brokerages, private funds, and money service businessesmust comply with complex examination, training, and reporting requirements mandated by a welter of federal antimoney laundering (AML) laws. Ignorance of crime is no excuse before the law. Financial institutions and businesses that unknowingly serve as conduits for money laundering are no less liable to prosecution and fines than those that condone or abet it. In AntiMoney Laundering in a Nutshell Awareness and Compliance for Financial Personnel and Business Managers, Kevin Sullivan draws on a distinguished career as an AML agent and consultant to teach personnel in financial institutions what money laundering is, who... | Kevin Sullivan Anti-Money Laundering in a Nutshell : Awareness & Compliance for