Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You and Your Team.

Learn More →

Living with the Law A Survey of MoneyLaundering Reporting Officers and Their Attitudes towards the MoneyLaundering Regulations

Living with the Law A Survey of MoneyLaundering Reporting Officers and Their Attitudes towards... While researching a recent moneylaundering compliance project, it became clear that, even after three years of practical exposure to the Money Laundering Regulations, there was still a disparate crosssection of attitudes towards the law and its implementation, among those men and women appointed to the role of Money Laundering Reporting Officers MLROs. Recognising that it is the responsibility of these individuals, to ensure a willing and uniform compliance with the law on behalf of their employing institutions, it was felt that the time was right to conduct a survey, not of their direct understanding of the Regulations, of which it was accepted they would all have a good knowledge but of their appreciation of some of the peripheral aspects of the rapidly developing impact of international moneylaundering law. The aim was to examine their attitudes towards specific aspects of ensuring the provision of good compliance, and to ascertain whether there were any other areas of compliance in which further training was particularly identified as being necessary. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Money Laundering Control Emerald Publishing

Living with the Law A Survey of MoneyLaundering Reporting Officers and Their Attitudes towards the MoneyLaundering Regulations

Loading next page...
 
/lp/emerald-publishing/living-with-the-law-a-survey-of-moneylaundering-reporting-officers-and-fT0u0XC1k7
Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
1368-5201
DOI
10.1108/eb027146
Publisher site
See Article on Publisher Site

Abstract

While researching a recent moneylaundering compliance project, it became clear that, even after three years of practical exposure to the Money Laundering Regulations, there was still a disparate crosssection of attitudes towards the law and its implementation, among those men and women appointed to the role of Money Laundering Reporting Officers MLROs. Recognising that it is the responsibility of these individuals, to ensure a willing and uniform compliance with the law on behalf of their employing institutions, it was felt that the time was right to conduct a survey, not of their direct understanding of the Regulations, of which it was accepted they would all have a good knowledge but of their appreciation of some of the peripheral aspects of the rapidly developing impact of international moneylaundering law. The aim was to examine their attitudes towards specific aspects of ensuring the provision of good compliance, and to ascertain whether there were any other areas of compliance in which further training was particularly identified as being necessary.

Journal

Journal of Money Laundering ControlEmerald Publishing

Published: Jan 1, 1998

There are no references for this article.