Money laundering and terrorism financing in global financial systems / Abdul Rafay.

Format:

Book

Author/Creator:

Rafay, Abdul, 1973- author.

Language:

English

Subjects (All):

Money laundering--Prevention.

Money laundering.

Physical Description:

1 online resource (xxvi, 374 pages) : illustrations

Place of Publication:

Hershey, Pennsylvania : IGI Global, [2021]

Summary:

During the last few decades, corrupt financial practices were increasingly being monitored in many countries around the globe. The past few decades have been eventful for these issues. Today, tackling money laundering and terrorism financing are considered key issues in developed and developing countries alike. Eradication of money laundering and terrorism financing through a holistic approach of awareness, prevention, and enforcement is a current need. It has enabled the birth of new regulatory regimes based on strict compliance, robust processes, and technology. One of the many problems with this is the lack of general awareness about all these issues among various stakeholders including researchers and practitioners. Money Laundering and Terrorism Financing in Global Financial Systems deepens the discourse about money laundering, terrorism financing, and risk management in a modern-day environment. It provides a fascinating and invaluable guide for understanding the theory, practice, and cases of these topics. Split into two sections, the first being money laundering and terrorism financing and the second being financial governance and risk management, the chapters create comprehensive knowledge on these acts of crime in the financial industry by defining the crimes themselves, the many challenges and impacts, and potential solutions. This book is ideal for government officials, financial professionals, policymakers, academicians, business professionals, managers, IT specialists, researchers, and students.

Contents:

Title Page

Copyright Page

Book Series

Dedication

Editorial Advisory Board

Table of Contents

Detailed Table of Contents

Preface

Section 1: Money Laundering and Terrorism Financing

Chapter 1: Money Laundering

Chapter 2: Religio-Spiritual Implications of Corruption and Money Laundering

Chapter 3: Money Laundering in Real Estate (RE)

Chapter 4: Money Laundering and Institutional Quality

Chapter 5: Anti-Money Laundering in the Insurance Sector

Chapter 6: Factors Influencing the Outcome of Money Laundering Investigations

Chapter 7: Financing as a Livewire for Terrorism

Chapter 8: Effect of Terrorism Financing on Selected Global Indices

Section 2: Financial Governance and Risk Management

Chapter 9: Risk-Based AML/CFT Regulations for Effective Supervision

Chapter 10: Compliance Monitoring and Testing Seismometer to Detect Compliquake

Chapter 11: Shariah Governance Systems of Islamic Banks in Bangladesh

Chapter 12: Fraud Risk Management in Banks

Chapter 13: Banking Scams in India

Compilation of References

About the Contributors

Index.

Notes:

Description based on print version record.

ISBN:

1-7998-8761-8

1-7998-8760-X

OCLC:

1243534890