AML Auditing - Understanding Clearing Corps and Depositories

by Bob Walsh

Overview

This book is a must for all AML/KYC audit and compliance staff whose responsibilities encompass clearing corporations and securities depositories! This book serves as a practical guide for Anti-Money Laundering audit and compliance staff by describing the function and operation of clearing corporations and securities depositories around the world. In addition, this book addresses global custody services, the global securities industry, the complex world of Anti-money Laundering along with related audit and compliance concerns. The author, Bob Walsh, is widely regarded as one of the leading authorities in this field. He is convinced that providing AML/KYC audit and compliance staff with a better understanding of how clearing corporations and securities depositories function can dramatically improve compliance and audit results. This book is one of a series of AML audit guides written by Bob Walsh describing the functions and inner workings of key financial services. The information presented was compiled from his decades of in-depth, hands-on experience in the banking and financial services industry. This includes working with domestic and international banks, Federal Bureau of Investigation, Federal Reserve Bank of New York, and with leading AML/KYC consulting agencies. Mr. Walsh continues to advise banks on AML/KYC compliance and technical training; his office is located in New York; he can be contacted by email at: [e-mail].

Product Details

ISBN-13:	9781539593775
Publisher:	CreateSpace Publishing
Publication date:	10/15/2016
Series:	AML Auditing , #14
Pages:	166
Product dimensions:	5.98(w) x 9.02(h) x 0.35(d)

About the Author

Bob Walsh is a subject-matter-expert in the international banking and financial services industry. He is a CAMs certified Anti-money Laundering/Know Your Customer (AML/KYC) specialist with over 30 years of "hands-on" experience spanning U.S. and international banking and the financial services industry. After serving many years as a Vice President at large money-center banks, Mr. Walsh worked on major AML/KYC consulting projects involving transaction monitoring, "Lookbacks," SARs writing, retail and institutional remediations, and AML/KYC procedures writing and technical training.

Bob Walsh has authored several AML/KYC compliance books: AML Auditing and Internal Controls; AML/KYC Compliance; AML Transaction Monitoring; How Terrorists Move Money Through Banks; Know Your Customer Compliance; Currency Transaction Reporting (CTRs); Fraud and Embezzlement; and a series of AML auditing books uniquely designed to benefit AML auditors and compliance staff by enhancing their understanding of how key financial services operate.

Mr. Walsh has also authored texts that describe the inner workings of major financial services including: Depository Trust Company and Clearing; ERISA Compliance; Foreign Exchange; Global Custody Services; Global Securities Industry; International Capital Markets; Investment Banking, Mutual Funds, SEC Compliance; Securities Lending; Subcustodian Network Management; and Types of Securities.

Bob Walsh established a MBA accredited program at New York University and Wayne State University on International Capital Markets, conducted AML/KYC technical training for FBI Special Agents and Federal Reserve Bank of New York Examiners. He assists banks with AML/KYC auditing, investigations, compliance assessments, remediations, and related AML/KYC technical training.

Mr. Walsh continues to advise banks on AML/KYC compliance and technical training; his office is located in New York; he can be contacted by email at: [e-mail].