Sanctions refer to actions taken by one country or group of countries to restrict economic, political, or social interactions with another country or entity. Sanctions are a powerful tool for countries and international organizations to address issues such as human rights violations, nuclear proliferation, terrorism, and other forms of destabilizing behaviour. Hence it is a critical compliance process that financial institutions must undertake to ensure they do not inadvertently conduct transactions with sanctioned individuals or entities. The Sanctions Screening: A key element of AML and Financial Crime Prevention by C.A Mayur Joshi and Vedant Sangit and published by Riskpro Publications provide the practical guidance to financial institutions on how to comply with sanctions screening regulations and prevent financial crime.
About the Sanctions Screening: A key element of AML and Financial Crime Prevention
The book is divided into several chapters, each focusing on a specific aspect of sanctions screening.
- The book provides the Background of Sanctions where it explains the detailed understanding of Sanction.
- It discusses about the sanctions evasion techniques that are used.
- The Extraterritoriality of Sanction gives the understanding of what are the sanctions and also its impact on the uninvolved countries, knowing the blocking statutes. and the regulatory landscape for sanctions screening.
- It also covers the Sanction Risk, Sanction Non-Compliance which includes the non-compliance of Banks, and individuals. It also gives a glimpse of the role of the Financial Action Task Force.
- Identifies the Key Sanction Risk Areas. The book also covers the importance of the Sanction Compliance Program.
- The book is aimed primarily to search into the complex world of financial sanctions and also to know the role in combating global financial crimes. that also includes money laundering and terrorist financing.
- It covers the latest developments and technologies in sanction screening that provides valuable insights for the professionals working in this domain.
- It is written in clear, straightforward language and is easy to follow, even for readers who are not experts in the field.
- Provides practical guidance on how to implement an effective sanction screening program, with step-by-step instructions and real-world examples.
The authors stress the importance of tailoring the screening program to the specific risks faced by the institution, rather than simply relying on a one-size-fits-all approach.
Product Details
We have partnered with Amazon for delivering the reference book on the course of the sanctions globally and here you can click on the nearest location i.e India, Global, UK, Japan, Italy, France, to deliver the material to your doorsteps.
| ISBN | 978-1-329-02502-8 |
| Publisher | Riskpro Publication |
| Published | Copyright |
| Pages | 144 |
| Format | Paperback |
Ordering and Return Policy
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