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Bank Insure That The Level Literature Review

Banking institutions are also focused on reducing money laundering and the principal actions they implement in this endeavor are those of fully complying with the regulations imposed by the central banks and the legislations in their home countries. More recently, the banks can access technological innovations to fight money laundering, such as LexisNexis's Bridger Insight XGTM (Tech 4 Law). But since the access to technologies is different at each bank, a conclusion is drawn that the internal reactions to money laundering are different. The editors at the Asian Banker Research and Temenos argue that the actions of banks in limiting money laundering depend on the individual managerial approaches, on the IT solutions at hand, on the relationship with the customer as well as on the internal culture in the bank.

References:

Minaeva, T., Aksenova, M., Anti-money laundering in Russia, White & Case, http://www.whitecase.ru/articles/moneylaundry.pdf last accessed on July 14, 2010

Terterov, M., Reuvid, J., 2005, Doing business with Estonia, GMB Publishing Ltd.

Walker, J., 1998, Modeling global money laundering flows -- some findings, http://www.johnwalkercrimetrendsanalysis.com.au/ML%20method.htm last accessed on July 13, 2010

1999, Ten years...

Department of State, http://www.state.gov/p/inl/rls/nrcrpt/2007/vol2/html/80883.htm last accessed on July 14, 2010
Universal Currency Converter, http://www.xe.com/ucc/convert.cgi?Amount=600000&From=RUB&To=USD&image.x=0&image.y=0&image=Submit last accessed on July 14, 2010

Sources used in this document:
References:

Minaeva, T., Aksenova, M., Anti-money laundering in Russia, White & Case, http://www.whitecase.ru/articles/moneylaundry.pdf last accessed on July 14, 2010

Terterov, M., Reuvid, J., 2005, Doing business with Estonia, GMB Publishing Ltd.

Walker, J., 1998, Modeling global money laundering flows -- some findings, http://www.johnwalkercrimetrendsanalysis.com.au/ML%20method.htm last accessed on July 13, 2010

1999, Ten years of combating money laundering, OECD Observer, http://www.oecdobserver.org/news/fullstory.php?aid=63 last accessed on July 13, 2010
2002, Money laundering, Organization for Economic Co-operation and Development, http://stats.oecd.org/glossary/detail.asp?ID=5081 last accessed on July 12, 2010
2010, Money laundering, The Electric Law Library, http://www.lectlaw.com/def2/m038.htm last accessed on July 12, 2010
Identifying anti-money laundering issues in Chinese banks, Asian Banker Researcher and Temenos, http://theasianbanker.com/bankmetrics/whitepaper/Asian%20Banker%20White%20Paper%20-%20China%20Anti-Money%20Laundry%20%28English%29.pdf last accessed on July 14, 2010
LexisNexis launches Bridger Insight XGTM to help banks reduce risk and money laundering, Tech 4 Law, http://www.tech4law.co.za/lexisnexis-launches-bridger-insight-xgtm-to-help-banks-reduce-risk-and-money-laundering-new.html last accessed on July 14, 2010
Major money laundering countries, U.S. Department of State, http://www.state.gov/p/inl/rls/nrcrpt/2007/vol2/html/80883.htm last accessed on July 14, 2010
Universal Currency Converter, http://www.xe.com/ucc/convert.cgi?Amount=600000&From=RUB&To=USD&image.x=0&image.y=0&image=Submit last accessed on July 14, 2010
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