By Mark Pieth
The entire significant monetary centres have skilled an increase in anti-money laundering principles and rules. in the beginning, anti-money laundering legislation have been used as a weapon within the battle on medications, when extra lately they've been deployed within the ongoing struggle opposed to terrorism. those advancements, the authors exhibit, have had severe results for banks and different monetary associations - affecting not just revenue margins but additionally the best way enterprise is performed. Topical and pertinent matters addressed during this publication contain questions equivalent to, has the entire fresh legislative task fairly positioned a cease to the matter? Are the foreign ideas being applied as conscientiously as they need to? How point is the taking part in box in go border banking? The regimes and implementation of anti-money laundering legislation and laws of 4 significant, go border, monetary centres also are tested extensive: Switzerland, Singapore, the united kingdom, and the us. Going past the in simple terms descriptive, there are comparative analyses of those nations opposed to present overseas criteria - with illuminating effects. This new ebook is stuffed with unique perception and research and may be a useful source for attorneys, either scholarly and practitioner established, with an curiosity in fiscal crime in addition to policymakers and compliance officials inside banks and different monetary associations.