Anti-Money Laundering and Countering the Financing of Terrorism: Practical Guide

This comprehensive guide provides a practical, in-depth exploration of the core principles, regulations, and strategies required to combat money laundering and terrorism financing. Designed for compliance professionals, financial institutions, regulators, and individuals involved in preventing financial crime, the guide covers key components of effective AML/CFT frameworks, including Customer Due Diligence (CDD), Know Your Customer (KYC) protocols, transaction monitoring, and reporting obligations.

The guide also examines real-world case studies such as HSBC, Danske Bank, and the 1MDB scandal, offering lessons learned and best practices from high-profile enforcement actions. It addresses the evolving nature of financial crime, the rise of cryptocurrencies, the role of technology (including AI and blockchain), and the importance of cross-border cooperation.

Readers will gain insights into how financial institutions, governments, and individuals can work together to safeguard the global financial system, stay compliant with international standards, and mitigate emerging risks. With practical recommendations, the guide serves as a valuable resource for navigating the complexities of modern AML/CFT compliance.