Improving Anti-Money Laundering Compliance

Self-Protecting Theory and Money Laundering Reporting Officers

  • Abdullahi Usman Bello

Part of the Palgrave Studies in Risk, Crime and Society book series (PSRCS)

Table of contents

  1. Front Matter
    Pages i-xix
  2. Abdullahi Usman Bello
    Pages 1-24
  3. Abdullahi Usman Bello
    Pages 25-46
  4. Abdullahi Usman Bello
    Pages 47-91
  5. Abdullahi Usman Bello
    Pages 93-105
  6. Abdullahi Usman Bello
    Pages 107-124
  7. Abdullahi Usman Bello
    Pages 125-145
  8. Abdullahi Usman Bello
    Pages 147-178
  9. Back Matter
    Pages 179-207

About this book

Introduction

This book provides practical recommendations on how to improve the effectiveness and efficiency of AML compliance by introducing the theory, framework and approach for dealing with the concerns of Money Laundering Reporting Officers (MLROs) within the UK banking industry. Accordingly, Bello focusses on providing a theoretical explanation of compliance behaviour which is inadequately covered. Although the research is centred on MLROs within the UK banking industry, the self-protecting theory discovered from the research has general application to other compliance officers within and outside the UK.  It is also applicable to regulatory environments in other economic sectors. The choice of MLROs and the UK as the focus of the study was because these individuals are arguably the most important stakeholders in AML and the UK is one of the largest financial centres in the world that provides opportunity for money laundering activities. A methodological and detailed study, this book will be of particular interest to practitioners and the regulatory authorities, as well as scholars of criminology and finance.

Keywords

Finance AML Anti-money laundering Risk Criminology Financial Crime White-Collar Crime

Authors and affiliations

  • Abdullahi Usman Bello
    • 1
  1. 1.Forensic Accounting and Financial InvestigationEconomic and Financial Crimes Commission AbujaNigeria

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-319-43264-9
  • Copyright Information The Editor(s) (if applicable) and The Author(s) 2016
  • Publisher Name Palgrave Macmillan, Cham
  • eBook Packages Law and Criminology
  • Print ISBN 978-3-319-43263-2
  • Online ISBN 978-3-319-43264-9
  • About this book