The New Anti-Money Laundering Law: First Perspectives on the 4th European Union Directive

ISBN-13: 9783319290980 / Angielski / Twarda / 2016 / 101 str.

Domenico Siclari; Domenico Siclari

Spis treści

1) Introduction; Domenico Siclari.- 2) AML Following the Risk-Based Approach; Pierpaolo Fratangelo.- 3) Beneficial Ownership and Effective Transparency; Roberto Formisani.- 4) AML and Network of Agents; Domenico Siclari.- 5) Risk Assessment; Pierluigi Tonnara.- 6) Tax Crimes Inclusion in 'Criminal Activity' Definition; Andrea Zaccagna.- 7) The Effects of New Rules on Gambling; Elena Giacone.

O autorze

Domenico Siclari is Associate Professor of Economic and Financial Markets Law at Rome Sapienza University, Department of Economics and Law. He had previously worked as Officer at the Bank of Italy in Rome (1999-2003), in the field of banking and financial supervision, focusing on payment system oversight and has attended several meetings for study and research at the European Central Bank, in Frankfurt am Main. He was later a counselor of the Italian Parliament-Chamber of Deputies (2003-2013), where he has been in charge of the Finance Division of the Research Department since 2004. 

Blurb

This book introduces and contextualizes the revised and strengthened legislation on the laundering of criminal funds mandated by the European Union on the 20^th May 2015. The authors provide fresh and new insight into the EU’s fourth directive 2015/849, with a specific focus on topics such as: beneficial ownership and effective transparency, the risk-based approach, the issue of supervision of payment institutions that operate across borders by agents, the new method of risk assessment, tax crimes inclusion in “criminal activity” definition, and the effects of new rules on the gambling sector. The authors present the new laws in the context of their legal genealogy and demonstrate the benefits they bring in raising the standards for anti-money laundering regulation and counter-terrorism financing.

The book’s comprehensive exploration of this new legislation will appeal to policy-makers, students and academics hoping to understand the changes more clearly.