Journal of
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Archive » March 2019 » Anti-money laundering new regulation, the key role of internal procedures

Anti-money laundering new regulation, the key role of internal procedures

Pierpaolo Fratangelo, Maria Pia Peluso
March 2019 - n. 3
Jel codes: G21, G28, K40

The Bank of Italy has recently issued new Measures regarding organization, procedures and internal auditing for the prevention of money laundering and terrorist financing.The Measures require financial intermediaries to have adequate procedures and organizational functions in order to be compliant and to mitigate the risk and they represent an opportunity to define appropriate internal strategies.

 

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