Full Description
This new title provides a clear, comprehensive guide to a complex area of law which affects everyone who works in the financial services industry and everyone who opens a bank account. The law is analysed and explained with reference to the Money Laundering Directive and the work of the Financial Action Task Force, as well as to the important guidance issued by the Joint Money Laundering Steering Group.The first part of the book explains and discusses the offences and investigative tools. The second part of the book reproduces the statutory material with annotations which are intended to deal with the technical nuts and bolts of the law.
Contents
*Introduction; the nature of money laundering; development of the law*European and international law, especially the Third Money Laundering Directive*Substantive money laundering offences*The Money Laundering Regulations, including consideration of the key concept of customer due diligence* Reporting requirements*Investigatory powers*Tipping off offences*Terrorist financing
