Handbook on Anti-Money Laundering and Combating the Financing of Terrorism for Nonbank Financial Institutions

More about the book

Focusing on risk management, this handbook serves as a comprehensive guide for nonbank financial institutions (NBFIs) to combat money laundering and terrorism financing. It emphasizes the need for tailored policies and procedures that align with the specific activities, products, and services of each NBFI, recognizing that a uniform approach is ineffective. The handbook aims to equip NBFIs with the necessary tools to effectively identify and mitigate risks in their operations.