Birindelli, Giuliana and Ferretti, Paola and Torre, Maura La (2014) Anti-Money Laundering in Italian Banks. British Journal of Economics, Management & Trade, 4 (6). pp. 841-861. ISSN 2278098X
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Abstract
Aims: This paper focuses on some relevant aspects of a banking anti-money laundering (AML) system (training, information and regulatory development) in order to understand their impact on the enhancement of the customer risk assessment process.
Study Design: Research based on questionnaire.
Place and Duration of Study: Italy, between September 2012 and September 2013.
Methodology: We sent questionnaires to the 75 Italian banking groups listed in the Bank of Italy Register at March 2012. Over 60 per cent of the total participated to the survey.
Results: Training, information and regulatory development represent important points in the AML systems of the banks of the sample. They show a strong commitment in the development of the (Know Your Customer process), in order to fight against money laundering; however weaknesses are still present and improvements are needed.
Item Type: | Article |
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Subjects: | Souths Book > Social Sciences and Humanities |
Depositing User: | Unnamed user with email support@southsbook.com |
Date Deposited: | 03 Jul 2023 04:58 |
Last Modified: | 23 Sep 2024 04:51 |
URI: | http://research.europeanlibrarypress.com/id/eprint/1222 |