Index
on-site examinations, duties. See anti-money laundering/ combating the financing of terrorism (AML/CFT) F field work findings of low compliance, xii jurisdictions visited, xxvi markets, acknowledgments, xiv methodology, xxv, xxvi financial institution supervision. See also AML/CFT supervision scope, purpose of guide, xii financial systems. See also specific topics banks as gatekeepers of, 7 financing. See anti-money laundering/combating the financing of terrorism; money laundering/financing of terrorism France bank licensing process, 55n2, 55n6 cooperation, scope, 151 off-site supervision requirements, 66, 67 on-site examinations questionnaire, 227–236 organizational approaches, 11b report requirements, 91b sanctioning powers, 120 sanctions appeals, 142 example of, 237–242 hearing process, 140b–141b proceedings, 136, 138b–139b scope, types, 126, 126b–127b, 127, 131b–132b, 133, 133b, 135 supervisors, accountability, independence, 16 FT. See money laundering/financing of terrorism G geographic risk locations areas of higher risk, 224 US and high-risk geographic locations, 34b 268
Germany off-site supervision requirements, 65 governments. See also specific topics AML/CFT regimes implementation, 10 interagency coordination, 9, 10 mutual trust, 10 national strategy, 9 domestic agenda, advancing, 5 imperatives of, xxiii political will of, 3, 8 guide. See also specific topics scope, purpose, xii H Hong Kong, China AML/CFT compliance programs, 98, 99 cooperation, scope, 158b, 159, 164b on-site examinations, 87b, 90 sanctions, 135 I inspections AML/CFT supervisors, authority, 3, 4 on-site examinations. See anti-money laundering/combating the financing of terrorism (AML/CFT) interagency coordination, 9, 10 Italy cooperation, scope, 151, 151b, 157, 158 off-site supervision requirements, 63b–65b on-site examinations, 113n16 organizational approaches, 11b sanctions, 136 J Jersey (Channel Islands) cooperation, scope, 149, 157 organizational approaches, 11b K know your customers (KYC) international cooperation, 162, 163 on-site examination evaluation of, 202–205, 203b