Full Description
This book examines the international standards relating to information exchange, identifying its importance in relation to combatting money laundering, terrorist financing and fraud.
Its timely publication follows the Financial Action Task Force (FATF) rating the UK's anti-money laundering and counter-terrorism financing regimes as amongst the best in the world in its fourth Mutual Evaluation Report.
The book features an alternative review via four case studies - money laundering, terrorism financing and general fraud. These illustrate the importance of information exchange and highlight flaws in the UK's legal framework, challenging the conclusions of the FATF. Considering this comprehensive analysis, the book then provides recommendations for reform.
Contents
1. Introduction
2. The Financial Action Task Force, its Recommendations and Methodology
3. The United Kingdom's Fourth Mutual Evaluation Report - An Alternative View
4. Money Laundering
5. Terrorist Financing
6. Fraud
7. Conclusions and Recommendations
