Faithin Omaha eBook Collection

Download or read book AML Compliance Fundamentals written by M.L. Humphrey and published by M.L. Humphrey. This book was released on 2022-10-11 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book M.L. Humphrey draws upon twenty years of experience with regulatory compliance, and AML compliance in particular, as both a regulator of broker-dealers and a consultant to some of the largest financial institutions in the world, to give an overview of the main AML compliance requirements, with a particular focus on customer identification and suspicious activity monitoring and reporting. This book is meant to be a high-level overview of AML compliance requirements, which means it focuses on the general concepts behind the regulations as opposed to any specific industry- or country-level regulations or any specific suspicious activity fact patterns. But the book should give a strong foundation for understanding those industry- or country-level requirements.