A guide that illustrates the methods, mechanisms, techniques and instruments to launder money and finance terrorism. It recommends solutions to minimise the risk for each sector of the eco-system and at the national level. .Key Features• Manging money laundering and financing of terrorism risks in a Holistic manner• Analysis of Case studies; Inferences• Analysis of some countries suffering from the risks• The link between Organised Crime and Financing of Terrorism• Methodology for determining a Risk Based Approach at the Sector and national level is explained• Usage of tools for minimising risks at the entity and national level• Risk & Control Monitoring explained using reported incidents• Operations of the Financial Intelligence Unit• Good Governance and the National Integrity SystemExpert CommentsThis book not only examines thoroughly the problem of money laundering and financing of terrorism in a comprehensive manner with interesting case studies but also provides governance measures to mitigate the evil. The author has rightly stressed the need for proper evidence gathering, domestic co-ordination of various agencies and international co-operation to deal with this global priority. His suggestions such as implementation of National Integrity System, strong political will including electoral integrity and more effective governance are indeed worth the attention of any democratic government in order to protect, preserve and promote democracy for posterity.Mr. T.S. KrishnamurthyFormer Chief Election Commissioner, Chief Commissioner of Income Tax-MumbaiGovernment of India.The book provides an insight into the different typologies of money laundering and financing of terrorism. It also throws light on relevant methodologies and tools to mitigate the adverse impact of money laundering. It explains a risk-based approach to mitigate the risks at the entity and national levels. It is very valuable book to those practitioners combating money laundering and countering the financing of terrorism world-wide.Dr. S.Ramamurthy, Former IMF ConsultantFCIS (UK), FCCA (UK) and PhD in Economics (Calif, USA).https://www.ior-institute.org/publications/the-money-laundering-financing-of-terrorism-eco-systemhttps://www.amazon.com/Money-Laundering-Financing-Terrorism-Eco-System-ebook/dp/B01INXKXAM/ref=sr_1_1?ie=UTF8&qid=1468903062&sr=8-1&keywords=9781945497643#nav-subnav
The GlobalRisk Community is a thriving community of risk managers and associated service providers. Our purpose is to foster business, networking and educational explorations among members. Our goal is to be the worlds premier Risk forum and contribute to better understanding of the complex world of risk.