Essential Reading for money laundering and financial crime practitioners
The avoidance of fraud and money laundering in your organisation
First edition: 1996
Second edition: 1998
Second edition reprint ebook: 2010
Second edition reprint paperback: 2011
This book established Nigel Morris-Cotterill as a critical thinker and long-term strategist, explaining a comprehensive approach to help create systems and controls that would be stable and to not require constant change which is both costly and militates against the effectiveness of systems up and down organisations.
This is the book that first addressed money laundering risk and compliance as separate issues. Years later, others argued for a “risk-based approach.”
This is the book that described how customers in trade used their business activities to launder. Years later, others said it was “trade based money laundering.”
This is the book that first described the illicit trade in minors for sex and for international movements of persons to work in the sex trade. Years later, others claim it as “human trafficking” or “sex trafficking.”
This is the book that first explained that private schools and hospitals are at risk of receiving proceeds of criminal conduct and, therefore, becoming money launderers.
Oh, and it explains the risks of virtual currencies, too.
Yes, you remembered it right: it was in 1996.
It was, simply, a book that was so far ahead of its time that even today, the things that were highlighted are coming to be considered important priorities.
Written for ordinary people in ordinary companies doing ordinary jobs, the book has found a ready market in the offices of prosecutors, regulators and others defence lawyers as well as risk and compliance officers around the world.
Available now from Amazon group companies and good bookshops everywhere.
69% of Amazon ratings give five stars.
Language : English
Paperback : 520 pages
ISBN-10 : 1467971227
ISBN-13 : 978-1467971225
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