World Library  


Add to Book Shelf
Flag as Inappropriate
Email this Book

The National Money Laundering Strategy for 2000

By United States Department of the Treasury

Click here to view

Book Id: WPLBN0000659264
Format Type: PDF eBook
File Size: 261.48 KB.
Reproduction Date: 2005
Full Text

Title: The National Money Laundering Strategy for 2000  
Author: United States Department of the Treasury
Volume:
Language: English
Subject: Government publications, Economics., United States. Department of the Treasury--Appropriations and Expenditures.
Collections: U.S. Department of the Treasury Collection
Historic
Publication Date:
Publisher: United States Department of the Treasury

Citation

APA MLA Chicago

Department Of The Treasury, U. S. (n.d.). The National Money Laundering Strategy for 2000. Retrieved from http://members.worldlibrary.net/


Description
Government Reference Publication

Excerpt
Foreword: When we unveiled the first National Money Laundering Strategy last year, we sent a clear signal that our approach toward this vital issue had changed fundamentally. The 1999 Strategy was premised on the idea that money laundering threatened not only the United States by facilitating drug trafficking, organized crime, international terrorism, and other crimes, but that it also posed a threat in and of itself, by tainting our financial institutions and undermining confidence in parts of the international financial system. The 1999 Strategy therefore outlined a comprehensive, integrated approach to combating money laundering, at home and around the world, through both law enforcement and banking supervision, with government policies and public-private partnerships.

Table of Contents
Table of Contents Glossary of Abbreviations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . iii Executive Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Background . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Goal 1: Strengthening Domestic Enforcement To Disrupt the Flow of Illicit Money . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Concentrate Resources in High-Risk Areas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Communicate Money Laundering Priorities to Federal Law Enforcement in the Field . . 16 Seek Legislation Enhancing Money Laundering Enforcement . . . . . . . . . . . . . . . . . . . . . 18 Examine the Relationship between Money Laundering and Tax Evasion . . . . . . . . . . . . . 20 Enhance Inter-agency Coordination of Money Laundering Investigations . . . . . . . . . . . . 21 Identify and Target Major Money Laundering Systems . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 Enhance the Collection, Analysis, and Sharing of Information to Target Money Launderer2s8 Intensify Training . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 Continue to Improve the Efficiency and Effectiveness of Resource Management Related to Anti-Money Laundering Efforts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 Goal 2: Enhancing Regulatory and Cooperative Public-Private Efforts to Prevent Money Laundering . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 Enhance the Defenses of U.S. Financial Institutions Against Abuse by Criminal Organizations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 Assure that All Types of Financial Institutions Are Subject to Effective Bank Secrecy Act Requirements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 Continue to Strengthen Counter-Money Laundering Efforts of Federal and State Financial Regulators . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 Increase Usefulness of Reported Information to Reporting Institutions . . . . . . . . . . . . . . 43 Work in Partnership with Associations of Legal and Financial Professionals to Ensure that Money Launderers are Denied Access to the Financial System . . . . . 44 Ensure that Regulatory Efforts to Prevent Money Laundering Are Responsive to the Continuing Development of New Technologies . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 Understand Implications of Counter-Money Laundering Programs for Personal Privacy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47 Goal 3: Strengthening Partnerships With State and Local Governments to Fight Money Laundering Throughout the United States . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49

 

Click To View

Additional Books


  • Partnership for Prosperity Report to Pre... (by )
  • Oig Study : Treasury Law Enforcement Wor... (by )
  • General Management : Treasury's Rural De... (by )
  • Embracing the Future (by )
  • Embracing the Future (by )
  • Department of the Treasury Financial Man... (by )
  • District of Columbia Judges Retirement P... (by )
  • The Community Reinvestment Act after Fin... (by )
  • A Report to Congress in Accordance with ... (by )
  • System for Accountability for the Fiscal... (by )
  • Diversity Strategy (by )
  • The Community Reinvestment Act after Fin... (by )
Scroll Left
Scroll Right

 



Copyright © World Library Foundation. All rights reserved. eBooks from World Library are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.