Intended as a comprehensive reference for professionals, this book covers the key anti-money laundering areas to enable you to be compliant with regimes and prepared for new legislation.

This book provides an in-depth insight into the background of money laundering operations and offers a greater understanding of the anti-money laundering laws and regulations of the key global financial centers. A team of expert practitioners has been brought together to offer expert guidance and informed analysis of all aspects of money laundering, including compliance, accounting, and confiscation issues. Thirty-three jurisdictions are covered in this third edition as opposed to twenty-seven covered in the second edition.

Prevention of money laundering is now a board level issue as the FSA has indicated that directors and senior management will be held responsible for ensuring that appropriate procedures are in place to meet the FSA's requirements on money laundering. There is also the additional concern that officers, employees and senior management of institutions may find themselves facing criminal charges for breaches of law and regulation in this area. It is therefore vital that senior management teams in the UK keep abreast of developments in regulation in this important area and of the impact that those developments are likely to have on the best practice standards that firms are now expected to meet. This new book examines the entire breadth of UK money laundering law and regulation - from common law up to and including the 2003 Regulations - to provide the finance professional with a thorough commentary and interpretation, and a valuable guide to aid ongoing compliance and risk management.

Since June 2004, the law and regulation of money laundering in the UK have seen a number of significant developments.

This title provides best practice advice on how to meet anti-money laundering regulations, to help companies put together an effective framework so that they can meet their legal obligations.

Money Laundering Law and Regulation provides a practical, comprehensive guide to domestic anti-money laundering law and regulation. It covers the law on money laundering and terrorist financing together with the requirements of the Money Laundering Regulations 2007.

Starting with an overview of the development of money laundering and the work of international organisations, International Guide to Money Laundering Law and Practice is a unique publication providing a detailed insight into the background of money laundering operations, clearly explaining the anti-money laundering laws and regulations in 35 key global financial centres throughout the world. In addition, there are four chapters considering money laundering law and practice in the UK with the emphasis on the legal and regulatory framework and include: a chapter on the accounting and auditing issues; and a chapter on confiscating the proceeds of crime written by Jonathan Fisher, QC, a leading barrister specialising in corporate and financial crime, proceeds of crime and tax cases. It also contains a chapter covering international responses and initiatives to money laundering. The fifth edition covers, amongst other things, the implementation of the Fifth EU Money Laundering Directive and the Criminal Finances Bill. Written by local experts and edited by a team from Baker McKenzie's Financial Services Group, International Guide to Money Laundering Law and Practice is the leading, authoritative text on this heavily regulated area of law. It is essential for all banking and finance practitioners involved in anti-money laundering, banks, compliance officers and regulators in order to keep abreast of the developments and compliant with the law and regulations internationally.

Ravi Rajcoomar, one of the Caribbean's leading attorneys, was born in Trinidad, WI, and spent his early years in the United Kingdom. An academic scholar, he studied law at the UWI, Cavehill and Hugh Wooding Law School before starting his prodigious practice in criminal and civil law from1987 in Trinidad and Tobago, working in some of the country's most prestigious law firms, alongside legal luminaries such as Karl Hudson Phillips, QC and the late Desmond Allum, QC. A married father of four, he's currently attached to Trinity Chambers in Port of Spain. Known for his unique legal acumen, he has litigated in some of the region's most prominent and groundbreaking criminal and civil cases, many of which set legal precedent in the Caribbean and Commonwealth region in the past 25 years. As a founding member and executive officer of the Criminal Bar Association of T&T, he pioneered several domestic legal initiatives, including reform in the Magisterial Courts, legislation for DNA, paper committals and copyright infringement, use of witnesses statements in trials, visual recordings of police interviews, the Financial Investigation Unit and compliance and competition economics in the Caricom region. As a former senior member of the Council of the Law Association of Trinidad and Tobago, he spearheaded major national legal initiatives aimed at protecting the public's interest, including the review of prisoners' rights and Constitutional Reform. Rajcoomar has also authored publications in Lawyer on Abuse of Process in Criminal Law and DNA and the Criminal Law, as well as A guide for Money Laundering Law & Regulation in Trinidad and Tobago.' He's also lectured at the Hugh Wooding Law School since 2005, and currently serves as a Commissioner of the Trinidad and Tobago Securities Exchange Commission.

"This book offers insightful articles on the most salient contemporary issues of managing social and human aspects of information security"--Provided by publisher.

This title provides a practical, comprehensive guide to domestic anti-money laundering law and regulation, increasingly seen as key weapons in the fight against serious and organised crime.