In declaring the war against terrorism President George W. Bush also declared war on the financing of terrorism. In this book, bankers, regulators and academics pose a variety of questions from their individual perspectives: What can financial institutions realistically contribute to the suppression of terrorist financing? Can individual rights be protected in these circumstances? These questions are analyzed by experts who come up with some thought-provoking answers.The BCBS paper lays down clear guidelines for customer acceptance and customer identification procedures to be followed by ... The culture of banking is engrained in the desire to attract customers and profit from providing banking services.
|Publisher||:||Springer Science & Business Media - 2007-05-08|