Anti-Money Laundering, Counter Financing Terrorism and Cybersecurity in the Banking Industry

Anti-Money Laundering, Counter Financing Terrorism and Cybersecurity in the Banking Industry
Author :
Publisher : Springer Nature
Total Pages : 245
Release :
ISBN-10 : 9783031234842
ISBN-13 : 3031234847
Rating : 4/5 (847 Downloads)

Book Synopsis Anti-Money Laundering, Counter Financing Terrorism and Cybersecurity in the Banking Industry by : Felix I. Lessambo

Download or read book Anti-Money Laundering, Counter Financing Terrorism and Cybersecurity in the Banking Industry written by Felix I. Lessambo and published by Springer Nature. This book was released on 2023-01-31 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite massive investments in mitigation capabilities, financial crime remains a trillion-dollar global issue with impacts that extend well beyond the financial services industry. Worldwide, there are between $800 billion and $2 trillion laundered annually with the United States making up at least $300 billion of that figure. Although it is not possible to measure money laundering in the same way as legitimate economic activity, the scale of the problem is considered enormous. The cybersecurity landscape is always shifting, with threats becoming more sophisticated all the time. Managing risks in the banking and financial sectors requires a thorough understanding of the evolving risks as well as the tools and practical techniques available to address them. Cybercrime is a global problem, which requires a coordinated international response. This book outlines the regulatory requirements that come out of cyber laws and showcases the comparison in dealing with AML/CFT and cybersecurity among the G-20, which will be of interest to scholars, students and policymakers within these fields.


Anti-Money Laundering, Counter Financing Terrorism and Cybersecurity in the Banking Industry Related Books

Anti-Money Laundering, Counter Financing Terrorism and Cybersecurity in the Banking Industry
Language: en
Pages: 245
Authors: Felix I. Lessambo
Categories: Business & Economics
Type: BOOK - Published: 2023-01-31 - Publisher: Springer Nature

GET EBOOK

Despite massive investments in mitigation capabilities, financial crime remains a trillion-dollar global issue with impacts that extend well beyond the financia
Handbook on Anti-Money Laundering and Combating the Financing of Terrorism for Nonbank Financial Institutions
Language: en
Pages: 0
Authors: Asian Development Bank
Categories: Money laundering
Type: BOOK - Published: 2017 - Publisher:

GET EBOOK

This handbook provides nonbanking financial institutions guidance on how to manage risks associated with money laundering and the financing of terrorism. It ref
Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance
Language: en
Pages: 35
Authors: El Bachir Boukherouaa
Categories: Business & Economics
Type: BOOK - Published: 2021-10-22 - Publisher: International Monetary Fund

GET EBOOK

This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benef
Countering the Financing of Terrorism
Language: en
Pages: 355
Authors: Thomas J. Biersteker
Categories: Political Science
Type: BOOK - Published: 2007-09-12 - Publisher: Routledge

GET EBOOK

Groups committing acts of terrorism have adapted their means of financing to elude detection since the 9/11 attacks in the United States. Surveying the global c
FinTech in Sub-Saharan African Countries
Language: en
Pages: 61
Authors: Mr.Amadou N Sy
Categories: Business & Economics
Type: BOOK - Published: 2019-02-14 - Publisher: International Monetary Fund

GET EBOOK

FinTech is a major force shaping the structure of the financial industry in sub-Saharan Africa. New technologies are being developed and implemented in sub-Saha