Countering Terrorist Finance: A Training Handbook for Financial Services

Tim Parkman and Gill Peeling's Preventing and Detecting Terrorist Finance is a practical, specialist guide to the processes and skills needed to counter money laundering specifically related to terrorist financing. The book includes a CD of training materials to support each section and help compliance officers develop awareness and relevant behaviour amongst employees tasked with spotting and preventing terrorist financing activities.Regulation and control of the financial industry has become the weapon of choice for governments struggling to control the rise in global crime and terrorism. Tim Parkman and Gill Peeling's Countering Terrorist Finance is a practical, specialist guide to the processes and skills needed to counter money laundering specifically related to terrorist financing. The book explains the international legal responses and obligations (across the US, UK, EU, Hong Kong, Canada, Australia and the emerging markets); dissects the financing techniques that lie behind a variety of terrorist attacks, including September 11th, Bali and other non al-Qaeda examples; analyzes potential causes for suspicion and offers a detailed guide to preventing and detecting terrorist finance. The accompanying collection of eight training activities, with supporting materials and presentation slides, provide compliance officers with a resource for develop awareness and appropriate behaviour amongst employees tasked with spotting and preventing terrorist financing activities. Additional training resource materials, including Powerpoint presentations and pdf handouts are available on a CD ROM that accompanies the book.The background material, practical advice and training resources make this collection an excellent starting point for organizations striving to make a difference in this complex and difficult area.Contents: Part One: Training in countering terrorist financing; Terrorism and terrorist financing in perspective; Terrorist finances dissected; International and national legal and quasi-legal requirements; What is 'suspicious'?; Best practice. Part Two Training Activities: Money laundering vs terrorist financing; Overview of terrorist financing typologies; Terrorist financing and the law; 'Does it look suspicious?' case study exercise; Cumulative suspicions - a behavioural analysis; Terrorist typologies explained; CTF best practice - a short briefing; Five training ideas using posters; Index.A CD containing Powerpoint presentations and pdf handouts is included with the book.About the Authors: Tim Parkman is a qualified solicitor with 15 years of experience in law and banking, both in the UK and internationally. Amongst other roles he has been a Money Laundering Reporting Officer in three jurisdictions - the UK, Singapore and the UAE. He is currently Managing Director of Lessons Learned, a financial training consultancy.Gill Peeling is a learning and organisation development specialist with over 15 years' experience in business education, training and development. She has been increasingly involved in compliance related training, designing training materials and advising on training projects across a wide range of compliance topics including money laundering prevention, fraud prevention and market abuse.