The challenges in the area of anti-money laundering law are constantly increasing. To meet the ever-growing regulatory requirements, companies need practical and feasible help. This is where the new practical handbook Geldwäscherecht – Umsetzung regulatorischer Vorgaben in der Finanzwirtschaft (Anti-Money Laundering Law – Implementing Regulatory Requirements in the Financial Sector) comes in. Edited by PayTechLaw authors and Annerton attorneys Anna Izzo-Wagner, Sebastian Glaab and Till-Christopher Otto, the book provides practical approaches and specific recommendations for anti-money laundering officers and compliance officers.
Efficient money laundering prevention in a dynamic regulatory landscape
Money laundering is a global, pressing and constantly changing issue: new forms and techniques force legislators and obligated parties to continuously adjust their efforts to combat it. The challenge of always staying up to date with legal requirements is a tough one not only for the financial sector, but also for obligated parties outside of this sector, such as goods traders and insurance companies. Legislators demand extensive preventive measures from companies – but it is precisely these measures that present many obligated parties with considerable hurdles when it comes to implementing them in a way that is specific to their institution.
The book “Geldwäscherecht” (Anti-Money Laundering Law) addresses these challenges and offers targeted solutions. It aims to make day-to-day work in the area of money laundering prevention more efficient and targeted. The focus is on practical use: Money laundering officers and those interested in AML will find checklists, practical examples and documents that make it much easier to implement the legal requirements.
Checklists, case studies and more: practical knowledge for everyday life
An emphasis of the book is on risk analysis, which, according to the legal requirements, forms the starting point of all preventive measures. In addition, the essential responsibilities, accountabilities and reporting requirements are explained step by step. Topics such as monitoring, screening and due diligence are covered, as are suspicious activity reporting and other criminal acts, as well as the regulatory requirements of the Money Transfer Ordinance.
The editors and the other authors – Vincent Baechle, Olaf Bausch, Peter Frey, Barbara Musiol, Josefine Spengler, Awet Yohannes and Dr. Uta Zentes – are renowned and experienced experts. This guarantees that the solutions presented are not only theoretically sound but, above all, can be applied in practice. The work thus offers a comprehensive guide covering all relevant aspects of money laundering prevention.
Who should get this book?
The practical guide is aimed primarily at anti-money laundering officers, compliance officers and anti-money laundering (AML) professionals. However, the book also offers valuable assistance to consultants and companies dealing with compliance with anti-money laundering regulations.
Our conclusion: an indispensable tool for everyday work
With its clear focus on practical solutions, this book is an indispensable tool for anyone involved in money laundering prevention. It not only helps to better understand the complex regulatory requirements, but also supports their practical implementation. If you are looking for efficient, practical solutions, you will find them in this book.
Geldwäscherecht – Umsetzung regulatorischer Vorgaben in der Finanzwirtschaft
Schäffer-Poeschel
Edition: 1st edition 2024
Hardcover: 284 pages
ISBN-10: 3791061941
ISBN-13: 978-3791061948
Deliverable as an e-book or as a book.
Available in German only.
In bookstores or here.
