Review: Pierre-Laurent Chatain, John McDowell, Cedric Mousset, Paul Allan Schott, and Emile Van Der Does de Willebois, PREVENTING MONEY LAUNDERING AND TERRORIST FINANCING: A PRACTICAL GUIDE FOR BANK SUPERVISORS (The World Bank, 271 pp. 2009).

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Saturday, January 1, 2011
Author: 
Bruce Zagaris
Volume: 
27
Issue: 
1
Abstract: 
The book is designed for bank supervisors who are devising and implementing a program of anti-money laundering (AML)/counter-financial terrorism (CFT) supervision.  The book is also a reference tool for practitioners of financial regulation and supervision.  The authors have tried to develop a practical guide, with the goal of resolving strategic and operational supervisory issues.  The book covers the entire spectrum of supervision, ranging from supervision objectives to the design and carrying out of onsite and offsite inspection programs, and from cooperation with other domestic and international AML/CFT authorities to sanctions and enforcement.