「A Study on high-risk customer management for enhanced Anti-Money Laundering effectiveness」
Table of Contents
Chapter 1 Introduction 1
Section 1 Purpose of the Study 1
Section 2 Scope and Methodology of the Study 3
Chapter 2 Customer Risk Management in the Anti-Money Laundering System 5
Section 1 Legal and Regulatory Requirements for Customer Due Diligence 5
Section 2 High-Risk Customer Management 13
Chapter 3 Issues in Managing High-Risk Customers 25
Section 1 Institutional Limitations 25
A. Limitations in the Legal Scope 25
B. Insufficient Requirements for Continuous Customer Due Diligence 28
A. Prohibition of Disclosure 30
B. Insufficient Follow-Up Measures after Suspicious Transaction Reporting 31
C. Inadequate Management of Customers Providing Information to Law Enforcement Agencies 33
A. Legal Restrictions on Terminating Business Relationships 34
B. Issues in Risk Management Based on RBA 35
C. Insufficient Procedures for Terminating Business Relationships 37
Section 2 Operational Limitations 39
A. Role and Responsibility of Management 39
B. Limitations in Management Due to Information Sharing Restrictions 40
A. Methods for Collecting Beneficial Ownership Information 42
B. Insufficient Understanding of Ownership Structure 45
C. Exploitation of Differing Procedures among Financial Institutions 46
A. Watchlist Search Requirements 47
B. Limitations of Search Data 49
C. Restrictions on Watchlist Management Systems 50
Chapter 4 Measures to Enhance High-Risk Customer Management 52
Section 1 Institutional Improvements 52
A. Sharing Information on High-Risk Customers 52
B. Legal and Regulatory Improvements for Beneficial Ownership Verification 56
C. Strengthening Requirements for Terminating Business Relationships 63
A. Inclusion of Qualitative Risk Management Requirements 67
B. Standardization across the Industry 72
Section 2 Operational Enhancements 72
A. Guidelines Reflecting the Characteristics of New Industries 76
B. Establishment of Industry-Specific Standards through Self-Regulatory Organizations (SROs) 77
Chapter 5 Conclusion 80
References 83
ABSTRACT 86
「자금세탁방지 효율성 제고를 위한 고위험고객 관리방안 연구」
[목차]
자금세탁방지 효율성 제고를 위한 고위험고객 관리방안 연구.pdf
「A Study on high-risk customer management for enhanced Anti-Money Laundering effectiveness」
Table of Contents
Chapter 1 Introduction 1
Section 1 Purpose of the Study 1
Section 2 Scope and Methodology of the Study 3
Chapter 2 Customer Risk Management in the Anti-Money Laundering System 5
Section 1 Legal and Regulatory Requirements for Customer Due Diligence 5
Section 2 High-Risk Customer Management 13
Chapter 3 Issues in Managing High-Risk Customers 25
Section 1 Institutional Limitations 25
A. Limitations in the Legal Scope 25
B. Insufficient Requirements for Continuous Customer Due Diligence 28
A. Prohibition of Disclosure 30
B. Insufficient Follow-Up Measures after Suspicious Transaction Reporting 31
C. Inadequate Management of Customers Providing Information to Law Enforcement Agencies 33
A. Legal Restrictions on Terminating Business Relationships 34
B. Issues in Risk Management Based on RBA 35
C. Insufficient Procedures for Terminating Business Relationships 37
Section 2 Operational Limitations 39
A. Role and Responsibility of Management 39
B. Limitations in Management Due to Information Sharing Restrictions 40
A. Methods for Collecting Beneficial Ownership Information 42
B. Insufficient Understanding of Ownership Structure 45
C. Exploitation of Differing Procedures among Financial Institutions 46
A. Watchlist Search Requirements 47
B. Limitations of Search Data 49
C. Restrictions on Watchlist Management Systems 50
Chapter 4 Measures to Enhance High-Risk Customer Management 52
Section 1 Institutional Improvements 52
A. Sharing Information on High-Risk Customers 52
B. Legal and Regulatory Improvements for Beneficial Ownership Verification 56
C. Strengthening Requirements for Terminating Business Relationships 63
A. Inclusion of Qualitative Risk Management Requirements 67
B. Standardization across the Industry 72
Section 2 Operational Enhancements 72
A. Guidelines Reflecting the Characteristics of New Industries 76
B. Establishment of Industry-Specific Standards through Self-Regulatory Organizations (SROs) 77
Chapter 5 Conclusion 80
References 83
ABSTRACT 86
「자금세탁방지 효율성 제고를 위한 고위험고객 관리방안 연구」
[목차]