Understanding Money Laundering and Illicit Financial Flows

Product Details:
Author(s):
Goredema, C
Year Published:
2020
Edition
2nd Edition
Type:
Print | Pocket Size
Language:
English
About this publication
This second edition of Understanding Money Laundering and Illicit Financial Flows explains these two concepts and outlines strategic responses to deal with them. The book explores the forms of money laundering and illicit financial transfers; mechanisms used to launder money; measures to curb, investigate and monitor these crimes; and asset forfeiture.
Understanding Money Laundering and Illicit Financial Flows also considers new strategic approaches to combating these crimes. It touches briefly on the funding of terrorism, which is seen as closely connected to laundering and illicit transfers. The book includes clear illustrations, useful statistics, explanations of frequently used terms, a comprehensive bibliography and recommendations for further reading.
Understanding Money Laundering and Illicit Financial Flows provides the reader with an easy entry into these complex subjects. The book will be useful not only for role players in the public sector – such as policy makers, politicians, law enforcement officials and regulators – but also for businesses and managers in the private sector. Written in an accessible way, the book is aimed at both professionals and a broader audience.
Content
Chapter 1: Money laundering, financial terrorism, and illicit financial transfers – concepts and forms
Chapter 2: Mechanisms used in money laundering and illicit financial flows
Chapter 3: Assessing technical risks
Chapter 4: Responses to money laundering and illicit financial flows
Chapter 5: Curbing money laundering – monitoring performance and measuring results
Chapter 6: Investigating money laundering and illicit financial flows
Chapter 7: Recovery and forfeiture of proceeds of crime
Chapter 8: Connecting AML and IFFs with governance – strategic entry points for new approaches
Interest / Benefit to
Department of Justice – Asset Forfeiture Unit
Department of Justice – National Prosecution Services
South African Police Service
Institute for Security Studies
Southern Africa Police Chiefs Co-operation Organisation (SARPCCO)
Inter-Governmental Authority on Development (IGAD)
East and Southern Africa Anti-Money Laundering Group (ESAAMLG)
United Nations Economic Commission for Africa (UNECA)
African Development Bank (AFDB)
Anti-Corruption Resource Centre