TITLE

Anti-Money Laundering Requirements Top List of Bank Regulatory Burdens

AUTHOR(S)
Shonk, Krista
PUB. DATE
March 2005
SOURCE
Community Banker;Mar2005, Vol. 14 Issue 3, p40
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Discusses issues concerning the anti-money laundering laws in the U.S. Impact of anti-money laundering requirements on community bankers in the country; Characterization of anti-money laundering efforts as a matter of national security; Elements and components of the anti-money laundering law.
ACCESSION #
16438858

 

Related Articles

  • Banks Should Not have to Monitor MSBs. Ziverts, Peter // American Banker;10/27/2006, Vol. 171 Issue 207, p10 

    The article discusses the relationship of the banking industry to money services businesses (MSBs). Many banking companies are dropping their services for MSBs, due to a lack of a consistent policy about money laundering and the responsibility placed on the banks to monitor these businesses. The...

  • MONEY LAUNDERING.  // Accountancy Ireland;Apr2004, Vol. 36 Issue 2, p57 

    Presents news briefs about money laundering as of April 2004. Anti-money laundering requirements for Institute of Chartered Accountants in Ireland's members in Northern Ireland and Great Britain.

  • New Anti Money Laundering Rules Expand Compliance. Albanese, Lorelei // Caribbean Business;2/2/2006, Vol. 34 Issue 4, p9 

    The article discusses Puerto Rico's anti money laundering policies. Provisions under the Bank Secrecy Act of 1970 include money laundering rules of the U.S. Patriot Act. Popular Inc. senior vice president in charge of corporate compliance, Maria de L. Jimeénez notes that majority of...

  • Suspicious? Then speak up. Couzins, Martin // Travel Weekly (UK);4/20/2007, p30 

    The author presents his opinion on issues concerning money laundering in the tourism industry in Great Britain. He cites that money laundering operations in Bradford, Birmingham and Halifax has proven that financial crime can go on undetected within the travel trade. He notes that criminal gangs...

  • FATF welcomes anti-money laundering progress.  // Accountancy;Nov2000, Vol. 126 Issue 1287, p17 

    This article reports that Financial Action Task Force (FATF) has welcomed the anti-money laundering process. The FATF last month welcomed the "significant, rapid progress" made by many of the 15 jurisdictions it listed last June as non-cooperative in the fight against money laundering. The...

  • Court provides degree of comfort. Madden, Michael; Vigrass, Chris // EG: Estates Gazette;11/12/2005, Issue 545, p162 

    This article reports on the ruling in the case Bowman versus Fels which lessened the concerns of arbitrators over money-laundering in Great Britain. The court decision has not only provided useful guidance for litigators but has also helped to alleviate the concerns expressed by arbitrators and...

  • How to Lighten Community Banks' AML Compliance Load. S. Alter, Daniel // American Banker;5/18/2015, Vol. 180 Issue 75, p0 

    The article focuses on obstacles faced by small banks to consider to understand how Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance can help ease community banks' regulatory burden while strengthening their controls. Topics cited include the shortage in quality personnel to...

  • Small Banks In Fla. Lash Out on BSA. Osuri, Laura Thompson // American Banker;9/2/2005, Vol. 170 Issue 170, p1 

    Questions whether or not federal regulators are unfairly targeting south Florida community banks in their crackdown on money laundering. Meeting in Miami sponsored by the Financial Crimes Enforcement Network, at which community bankers claimed they are being treated unfairly; Goal of the...

  • As Launder Rules Spread, Global Banks Feel Pain. Garver, Rob // American Banker;10/30/2002, Vol. 167 Issue 208, p1 

    Focuses on the impact of anti-money-laundering requirements in USA Patriot Act on banking and financial services industry of the United States. Views of Clemente L. Vazquez-Bello, an executive of a low firm that represent international banks on the legislation; Recommendations of the Financial...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics