Guide for AML Auditors - Global Custody Services
Author | : Bob Walsh |
Publisher | : Createspace Independent Publishing Platform |
Total Pages | : 190 |
Release | : 2016-05-25 |
ISBN-10 | : 1533472459 |
ISBN-13 | : 9781533472458 |
Rating | : 4/5 (59 Downloads) |
Download or read book Guide for AML Auditors - Global Custody Services written by Bob Walsh and published by Createspace Independent Publishing Platform. This book was released on 2016-05-25 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a must for all AML/KYC audit and compliance staff whose responsibilities include global custody services audit and compliance! This book is one in a series of extraordinary guides in which Bob Walsh details the function and operation of key financial services for the benefit of AML/KYC audit and compliance professionals. The author is convinced that providing a greater understanding of the inner workings of how global custody services and other financial services function can dramatically strengthen AML/KYC compliance and audit results. All of Bob Walsh's AML books for auditors also address the complex world of money-laundering, related AML/KYC regulatory issues and concerns, AML/KYC acronyms and technical glossary, and a list of currently known terrorist groups. The topics described in this book include a review of the global custody services business, sub-custodians, the global securities industry, clearing corporations and depositories, accounting conventions, foreign exchange, Know Your Customer (KYC) compliance, Foreign Corrupt Practices Act, Office of Foreign Assets Control (OFAC), due-diligence research, Suspicious Activity Reports (SARs), politically exposed persons (PEPs), and more. The material contained in Mr. Walsh's books was compiled from more than 30 years of hands-on experience in the U.S. and international banking industry. He is a CAMs certified AML/KYC compliance specialist who has worked with some of the largest banks in the world, the Federal Bureau of Investigation, the Federal Reserve Bank of New York, and major AML/KYC consulting agencies working on some of the largest AML/KYC cases in banking industry.