December 2012
Beginner
320 pages
8h 51m
English
Content preview from Mastering Anti-Money Laundering and Counter-Terrorist Financing
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1
Fundamental Concepts
Key processes in money laundering and terrorist financing
Further differences between terrorist financing and classical money laundering
Where you see the WWW icon in this chapter, this indicates a preview link to the author’s website and to a training film which is relevant to the AML CFT issue being discussed.Go to www.antimoneylaunderingvideos.com
BACKGROUND AND DEFINITIONS
Definitions
Money laundering is the conversion or transfer of money to disguise its illegal origins; or the use of the financial system to convert or transfer money or other assets so as to disguise their illegal origins. (AML is the acronym used for Anti-Money ...