Federal Money Laundering Regulation: Banking, Corporate and Securities Compliance

Federal Money Laundering Regulation: Banking, Corporate and Securities Compliance is your complete guide to understanding and complying with all U.S. statutes, regulations and court decisions governing money laundering activity. This valuable desk reference provides in-depth analysis and guidance on recordkeeping and reporting requirements, anti- money laundering compliance programs, money laundering crimes, asset forfeitures, and state and international measures against money laundering and terrorist financing. Annual supplements keep the book current in this rapidly evolving field.

The book is especially aimed at law firms and corporate counsel representing banks, insurance companies, securities broker-dealers, and other financial institutions, as well as the criminal bar, public accountants, and compliance officers. Designed for both beginners and seasoned professionals, this practical resource has approximately 1600 pages organized in 27 discrete, stand-alone chapters. A comprehensive index and table of cases provide ease of reference.

Part I: Background and Regulatory Framework

1. Introduction to Money Laundering
2. How Money Is Laundered
3. U.S. Money Laundering Laws
4. Role of Government Agencies

   Part II: Recordkeeping and Reporting

5. Recordkeeping Requirements
6. Reporting Requirements: General
7. Suspicious Activity Report (SAR)
8. Currency Transaction Report (CTR)
9. Currency and Monetary Instrument Report (CMIR)
10. Report of Foreign Bank and Financial Accounts (FBAR)
11. Report of Cash Received in Trade or Business
12. Registration of Money Services Businesses

    Part III: Compliance Programs and Information Sharing

13. Anti-Money Laundering Programs for Financial Institutions
14. Customer Identification Programs
15. Due Diligence for Correspondent Accounts and Private Banking Accounts
16. Information Sharing Among Financial Institutions and Law Enforcement

    Part IV: Money Laundering Crimes

17. Overview of Money Laundering Crimes
18. Domestic Money Laundering Transactions
19. International Money Laundering Offenses
20. Undercover 'Sting' Operations
21. Monetary Transactions in Unlawfully Derived Property
22. Conspiracy to Commit Money Laundering

    Part V: Forfeiture of Assets

23. Asset Forfeiture--General
24. Civil Asset Forfeiture
25. Criminal Asset Forfeiture

    Part VI: State and International Measures

26. State Money Laundering Laws
27. Worldwide Efforts Against Money Laundering

    Appendices

    Appendix A: Bank Secrecy (BSA)

    Appendix B: Internal Revenue Code 6050I

    Appendix C: Key Federal Statutes Relating to Money Laundering Crimes and Forfeitur

Table of Cases

Index