Full Description
This book introduces and
contextualizes the revised and strengthened legislation on the laundering of
criminal funds mandated by the European Union on the 20th May 2015.
The authors provide fresh and new insight into the EU's fourth directive
2015/849, with a specific focus on topics such as: beneficial ownership and
effective transparency, the risk-based approach, the issue of supervision of
payment institutions that operate across borders by agents, the new method of
risk assessment, tax crimes inclusion in "criminal activity" definition, and
the effects of new rules on the gambling sector. The authors present the new
laws in the context of their legal genealogy and demonstrate the benefits they
bring in raising the standards for anti-money laundering regulation and
counter-terrorism financing.
The book's comprehensive
exploration of this new legislation will appeal to policy-makers, students and
academics hoping to understand the changes more clearly.
Contents
1) Introduction;
Domenico Siclari.- 2) AML Following the Risk-Based Approach; Pierpaolo Fratangelo.- 3) Beneficial Ownership
and Effective Transparency; Roberto Formisani.-
4) AML and Network of Agents; Domenico Siclari.-
5) Risk Assessment; Pierluigi Tonnara.-
6) Tax Crimes Inclusion in 'Criminal Activity' Definition; Andrea Zaccagna.- 7) The Effects of New Rules
on Gambling; Elena Giacone.
