This Handbook is a must for Anti-money Laundering (AML) professionals The material presented serves as a practical guide for those whose work involves auditing, internal controls and compliance associated with AML and Know-Your-Customer (KYC) laws, rules and regulations. The following subject areas comprise the essential components of a sound, well-rounded AML compliance program. Review of audit and controls AML regulatory compliance requirements "Know-your-customer" (KYC) procedures Currency transaction reporting (CTR) processing Structuring of transactions Foreign Corrupt Practices Act (FCPA) Office of Foreign Assets Control (OFAC) Correspondent relationships Wire transactions "Red-flag" suspicious transactions Transaction monitoring practices Due-diligence research SARs processing Terrorist organizations Case studies AML/KYC acronyms. The information presented within by Bob Walsh has been compiled from decades of in-depth, hands-on experience in the field of Anti-money Laundering. This includes working with some of the largest domestic and international banks, AML/KYC consulting agencies, Federal Bureau of Investigation, and the Federal Reserve Bank of New York in addressing major AML/KYC cases."