Payment transactions and Anti-Money Laundering

Author: Liang Yingwu
Publisher:
Publish Date: 2003-06-01
Features: This book has certain innovations in content and distinct characteristics. In chapters such as "Judgment Standards for Suspicious Payment Transactions," "Payment Transaction Tools and Money Laundering," and "Analysis of Money Laundering Cases Based on Suspicious Payment Transaction Standards," it effectively reflects the spiritual essence of the "Measures for Reporting Large and Suspicious Payment Transactions in RMB." It can help banking professionals improve their practical ability to identify suspicious payment transactions. The main content of the book includes general concepts of money laundering, anti-money laundering actions by major countries (regions) and international organizations, an overview of China's anti-money laundering efforts, payment settlement tools and money laundering, main principles of anti-money laundering, the main content of the "Measures for Reporting Large and Suspicious Payment Transactions in RMB," and relevant case analyses. Based on the characteristics of money laundering activities in China and the current state of anti-money laundering work in the banking industry, the book takes the identification and reporting of suspicious payment transactions as the main thread, closelys payment transaction practices, and elaborates in depth and detail on the preventive measures and actions that banks can take in their payment transaction links to combat money laundering crimes.