{"product_id":"the-risk-based-approach-to-combating-ehi-eric-esoimeme-9789789486038","title":"The Risk-Based Approach to Combating Money Laundering and Terrorist Financing","description":"Governments around the world have made the fight against money laundering and the financing of terrorism a priority. Among its effort is the implementation of the Financial Action Task Force Recommendations, specifically Recommendation 1. The FATF Recommendations (Recommendation 1) requires that countries mandate financial institutions and designated non-financial businesses and professions (DNFBPs), to adopt a risk-based approach to combating money laundering and terrorist financing. This book aims to provide a clear understanding of what the risk-based approach involves. In addition to this, it differentiates the risk-based approach from the rule-based approach and determines if the risk-based approach interferes with the human rights of high-risk customers.Internationally, this book would be the first comprehensive book on the subject of the Risk-Based Approach. This book would help financial institutions and designated non-financial institutions with any problem regarding the application of the risk-based approach.Financial institutions\/DNFBPs who implement the risk-based approach, in line with the guidance given in this book, will be well-placed to avoid the consequences of inappropriate de-risking behaviour. Although there are quite a number of reference guides provided by the Financial Action Task Force to assist firms with the implementation of the risk-based approach. Those publications focus mainly on the risk assessment principles. This book is focused on both the principles and the practical aspect of its application.This book is a must read for every professional specializing in the field of Anti-Money Laundering Compliance. It is also a must read for every individual who intends to know more about the money laundering subject.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Ehi Eric Esoimeme\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 9789486030\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9789789486038\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Eric Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 07\/21\/2015\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 350\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.03lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 0.73d","brand":"Ehi Eric Esoimeme","offers":[{"title":"Paperback","offer_id":43941379703039,"sku":"9789789486038","price":35.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/products\/img_5eb8b6a8-ee2d-4d77-982f-024976008d06.jpg?v=1681452583","url":"https:\/\/www.whiterainbookhouse.com\/products\/the-risk-based-approach-to-combating-ehi-eric-esoimeme-9789789486038","provider":"WR Book House","version":"1.0","type":"link"}