Due diligence and money laundering
Sharma, Rashmi
Due diligence and money laundering - 2005 - Advising Business 3(8) March 2005, 22-28(7) .
Discusses money laundering from an international point of view. Looks at the bodies that have been created to deal with the problem with reference to money laundering legislation. Outlines money laundering offences and their indicators, measures to prevent money laundering, and what defences a person may be able to use if disclosing an offence after the event and the cost effectiveness of implementing money laundering regulations. Finishes with a brief discussion of the suspicious activity/transaction report under the UK Data Protection Act and concludes that increasing awareness of the crime is helping stop money laundering.
MONEY LAUNDERING
Due diligence and money laundering - 2005 - Advising Business 3(8) March 2005, 22-28(7) .
Discusses money laundering from an international point of view. Looks at the bodies that have been created to deal with the problem with reference to money laundering legislation. Outlines money laundering offences and their indicators, measures to prevent money laundering, and what defences a person may be able to use if disclosing an offence after the event and the cost effectiveness of implementing money laundering regulations. Finishes with a brief discussion of the suspicious activity/transaction report under the UK Data Protection Act and concludes that increasing awareness of the crime is helping stop money laundering.
MONEY LAUNDERING