Journal of
Italian
Banking
Association

year 100
 

Archive » October 2019 » Aml functions in banks, new tasks and organization

Aml functions in banks, new tasks and organization

Antonio Santomartino
October 2019 - n. 10
Keywords: Banche, presidi antiriciclaggio, funzioni di controllo
Jel codes: G21, G28

The principle of the risk-based approach – introduced by the most recent Anti-Money Laundering legislation – can be declined in all phases of the Aml cycle, which involves different banking functions with clearly defined roles; specific attention must be paid to training as well as to the setting of controls at each level. The Aml function is enriched with new skills and professional needs and an efficient Aml action must be based on suitable It solutions.

                                                                                                             

Interested in this paper?
Buy the issue