Publication:
Politically Exposed Persons :
Preventive Measures for the Banking Sector
dc.contributor.author | Greenberg, Theodore S. | |
dc.contributor.author | Gray, Larissa | |
dc.contributor.author | Schantz, Delphine | |
dc.contributor.author | Gardner, Carolin | |
dc.contributor.author | Latham, Michael | |
dc.date.accessioned | 2012-03-19T09:33:41Z | |
dc.date.available | 2012-03-19T09:33:41Z | |
dc.date.issued | 2010 | |
dc.description.abstract | The paper is focused on the banking sector, not on other financial and nonfinancial sectors vulnerable to the laundering of corrupt funds. These other sectors may find the recommendations and good practices provided in this paper relevant, but should analyze the findings of this paper in light of their particular circumstances and specific features. The paper includes a number of practical tools to help guide banks, regulators, and other public authorities. The paper is organized into four major parts: the remainder of this part (part one) sets out some of the main observations and trends in politically exposed person (PEPs) compliance and an analysis of the principal reasons for poor compliance and overall ineffectiveness of systems to detect and monitor PEPs. Part two focuses on the implementation of PEP measures by regulatory authorities and banks. Part three reviews the roles of the public authorities that are primarily involved in preventing abuse by corrupt PEPs. These authorities include the regulatory authority, which is responsible for providing guidance to banks and enforcing compliance, as well as the financial intelligence unit (FIU), which has a role in the context of suspicious transaction reports (STRs) on PEPs. Finally, part four considers some of the cross-cutting issues national cooperation, training, and resources that must be addressed by all stakeholders. | en |
dc.description.abstract | En años recientes las revelaciones de gran corrupción y saqueo de bienes del Estado han fomentado un mayor escrutinio de las relaciones financieras con Personas Expuestas Políticamente (PEPs), es decir, funcionarios públicos prominentes y sus familiares y estrechos colaboradores. En general aún se implementan las normas internacionales para las Personas Expuestas Políticamente de manera efectiva, a pesar de los esfuerzos realizados por una gama de instituciones financieras y autoridades regulatorias para impedir que las PEPs corruptas se introduzcan en el sistema financiero y lo utilicen para lavar el producto de la corrupción. La implementación de un sistema efectivo para las PEPs es un componente esencial de la prevención y detección de transferencias del producto del delito y, en última instancia, del proceso de recuperación de los bienes robados. Este libro ofrece recomendaciones y buenas prácticas para fortalecer el cumplimiento de las normas internacionales y ampliar la efectividad de la supervisión. Es una herramienta importante para individuos, gobiernos, financieras, empresas del sector privado y organizaciones internacionales que trabajan en la elaboración e implementación de normas para combatir la corrupción y el lavado de dinero, y la recuperación de los bienes robados. | es |
dc.identifier | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333038_20100427011931 | |
dc.identifier.isbn | 978-0-8213-8249-3 | |
dc.identifier.uri | http://hdl.handle.net/10986/2441 | |
dc.language | English | |
dc.publisher | World Bank | |
dc.rights | CC BY 3.0 IGO | |
dc.rights.holder | World Bank | |
dc.rights.uri | http://creativecommons.org/licenses/by/3.0/igo | |
dc.subject | ABUSE | |
dc.subject | ABUSES | |
dc.subject | ACCOUNTABILITY | |
dc.subject | ACTION PLAN | |
dc.subject | ACTIVE BRIBERY | |
dc.subject | ANTI-CORRUPTION | |
dc.subject | ANTICORRUPTION | |
dc.subject | ASSETS | |
dc.subject | AUDIT TRAIL | |
dc.subject | BANK ACCOUNTS | |
dc.subject | BANK FOR INTERNATIONAL SETTLEMENTS | |
dc.subject | BANK GOVERNORS | |
dc.subject | BANKING SECTOR | |
dc.subject | BANKING SERVICES | |
dc.subject | BANKING SUPERVISION | |
dc.subject | BANKS | |
dc.subject | BENEFICIAL OWNER | |
dc.subject | BENEFICIAL OWNERS | |
dc.subject | BRIBERY | |
dc.subject | BRIBERY OF FOREIGN PUBLIC OFFICIALS | |
dc.subject | BRIBES | |
dc.subject | BUSINESS ACTIVITIES | |
dc.subject | BUSINESS MODEL | |
dc.subject | BUSINESS PROCESSES | |
dc.subject | BUSINESS RELATIONSHIP | |
dc.subject | BUSINESS RELATIONSHIPS | |
dc.subject | BUSINESSES | |
dc.subject | CAPITAL FLIGHT | |
dc.subject | CENTRAL BANK | |
dc.subject | CENTRAL BANKS | |
dc.subject | CLIENT BASE | |
dc.subject | COMPANY | |
dc.subject | COMPANY FORMATION | |
dc.subject | COMPLAINTS | |
dc.subject | CONFIDENCE | |
dc.subject | COPYRIGHT | |
dc.subject | COPYRIGHT CLEARANCE | |
dc.subject | COPYRIGHT CLEARANCE CENTER | |
dc.subject | CORPORATE ENTITIES | |
dc.subject | CORPORATIONS | |
dc.subject | CORRUPT | |
dc.subject | CORRUPT ACTS | |
dc.subject | CORRUPT OFFICIALS | |
dc.subject | CORRUPT REGIME | |
dc.subject | CORRUPTION | |
dc.subject | CORRUPTION INVESTIGATIONS | |
dc.subject | COUNTRY OF ORIGIN | |
dc.subject | CRIME | |
dc.subject | CRIMINAL | |
dc.subject | CRIMINAL LIABILITY | |
dc.subject | CRIMINALS | |
dc.subject | CURRENCY | |
dc.subject | CUSTOMER BASE | |
dc.subject | CUSTOMER PROFILE | |
dc.subject | CUSTOMER PROFILING | |
dc.subject | CUSTOMER REQUESTS | |
dc.subject | DATA PROTECTION | |
dc.subject | DEPOSIT | |
dc.subject | DEVELOPING COUNTRIES | |
dc.subject | DUE DILIGENCE | |
dc.subject | ||
dc.subject | EMBEZZLEMENT | |
dc.subject | EMPLOYMENT | |
dc.subject | EXPOSURE | |
dc.subject | FINANCIAL ADVISERS | |
dc.subject | FINANCIAL CRIME | |
dc.subject | FINANCIAL INSTITUTION | |
dc.subject | FINANCIAL INSTITUTIONS | |
dc.subject | FINANCIAL INTELLIGENCE | |
dc.subject | FINANCIAL INTELLIGENCE UNIT | |
dc.subject | FINANCIAL INTELLIGENCE UNITS | |
dc.subject | FINANCIAL MARKET | |
dc.subject | FINANCIAL MARKETS | |
dc.subject | FINANCIAL RESOURCES | |
dc.subject | FINANCIAL SECTOR | |
dc.subject | FINANCIAL SERVICES | |
dc.subject | FINANCIAL SYSTEM | |
dc.subject | FINANCIAL SYSTEMS | |
dc.subject | FRAUD | |
dc.subject | GOVERNANCE RESPONSIBILITIES | |
dc.subject | GOVERNMENT REVENUES | |
dc.subject | GRAND CORRUPTION | |
dc.subject | GROSS DOMESTIC PRODUCT | |
dc.subject | HARMONIZATION | |
dc.subject | INCOME | |
dc.subject | INDIVIDUALS | |
dc.subject | INDUSTRY STANDARDS | |
dc.subject | INITIATIVE | |
dc.subject | INTEGRITY | |
dc.subject | INTERNATIONAL BANKING | |
dc.subject | INTERNATIONAL BANKS | |
dc.subject | INTERNATIONAL COOPERATION | |
dc.subject | INTERNATIONAL STANDARD | |
dc.subject | INTERNATIONAL STANDARDS | |
dc.subject | INVESTIGATIONS | |
dc.subject | INVESTMENT CLIMATE | |
dc.subject | JUDICIARY | |
dc.subject | JURISDICTION | |
dc.subject | JURISDICTIONS | |
dc.subject | JUSTICE | |
dc.subject | LAW ENFORCEMENT | |
dc.subject | LAWS | |
dc.subject | LAWYERS | |
dc.subject | LEGAL ENTITIES | |
dc.subject | LEGAL PERSON | |
dc.subject | LEGAL PERSONS | |
dc.subject | LEGAL PROFESSIONALS | |
dc.subject | LEGAL PROVISIONS | |
dc.subject | LEGAL RISKS | |
dc.subject | LEGISLATION | |
dc.subject | LICENSES | |
dc.subject | LIMITED | |
dc.subject | LIMITED ACCESS | |
dc.subject | MACROECONOMIC STABILITY | |
dc.subject | MANAGEMENT SYSTEMS | |
dc.subject | MATERIAL | |
dc.subject | MEDIA | |
dc.subject | MEMBER STATE | |
dc.subject | MEMBER STATES | |
dc.subject | MINISTER | |
dc.subject | MINISTERS | |
dc.subject | MISAPPROPRIATION | |
dc.subject | MONEY LAUNDERING | |
dc.subject | NATIONAL LAW | |
dc.subject | NATURAL PERSONS | |
dc.subject | NATURAL RESOURCES | |
dc.subject | NEGOTIABLE INSTRUMENTS | |
dc.subject | NEW PRODUCT | |
dc.subject | OFFENSES | |
dc.subject | OFFICE HOLDER | |
dc.subject | OFFICE HOLDERS | |
dc.subject | PASSIVE BRIBERY | |
dc.subject | PEER REVIEW | |
dc.subject | PENALTY | |
dc.subject | PERSONAL GAIN | |
dc.subject | PERSONS | |
dc.subject | PHOTOS | |
dc.subject | POLITICAL PARTIES | |
dc.subject | POLITICAL PARTY | |
dc.subject | POLITICIANS | |
dc.subject | PRIVATE BANKING | |
dc.subject | PRIVATE INVESTMENT | |
dc.subject | PRIVATE SECTOR | |
dc.subject | PRIVATE SECTOR DEVELOPMENT | |
dc.subject | PROSECUTION | |
dc.subject | PROSECUTIONS | |
dc.subject | PROSECUTOR | |
dc.subject | PROSECUTORS | |
dc.subject | PUBLIC AGENCIES | |
dc.subject | PUBLIC ASSETS | |
dc.subject | PUBLIC ENTERPRISES | |
dc.subject | PUBLIC INFORMATION | |
dc.subject | PUBLIC OFFICIAL | |
dc.subject | PUBLIC OFFICIALS | |
dc.subject | QUERIES | |
dc.subject | REAL ESTATE | |
dc.subject | REGULATOR | |
dc.subject | REGULATORS | |
dc.subject | REGULATORY AUTHORITIES | |
dc.subject | REGULATORY AUTHORITY | |
dc.subject | REGULATORY FRAMEWORK | |
dc.subject | REGULATORY FRAMEWORKS | |
dc.subject | REGULATORY REQUIREMENTS | |
dc.subject | REPUTATION | |
dc.subject | REPUTATIONS | |
dc.subject | RESULT | |
dc.subject | RESULTS | |
dc.subject | RISK MANAGEMENT | |
dc.subject | RULE OF LAW | |
dc.subject | SANCTIONS | |
dc.subject | SCANDALS | |
dc.subject | SERVICE DELIVERY | |
dc.subject | SERVICE PROVIDERS | |
dc.subject | SMALL BANKS | |
dc.subject | SOCIAL SERVICE | |
dc.subject | STAKEHOLDERS | |
dc.subject | STATE ASSETS | |
dc.subject | SUBSIDIARY | |
dc.subject | TECHNICAL EXPERTISE | |
dc.subject | TELEPHONE | |
dc.subject | TERRORISM | |
dc.subject | THEFT | |
dc.subject | TIME PERIOD | |
dc.subject | TRANSACTION | |
dc.subject | TRANSITION COUNTRIES | |
dc.subject | TRANSPARENCY | |
dc.subject | UNION | |
dc.subject | VERIFICATION | |
dc.title | Politically Exposed Persons : Preventive Measures for the Banking Sector | en |
dc.title | Personas expuestas políticamente : medidas preventivas para el sector bancario | es |
dc.title.alternative | Personas expuestas politicamente : medidas preventivas para el sector bancario | es |
dspace.entity.type | Publication | |
okr.date.disclosure | 2010-04-27 | |
okr.doctype | Publications & Research :: Publication | |
okr.doctype | Publications & Research :: Publication | |
okr.docurl | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333038_20100427011931 | |
okr.globalpractice | Finance and Markets | |
okr.globalpractice | Governance | |
okr.globalpractice | Transport and ICT | |
okr.globalpractice | Trade and Competitiveness | |
okr.identifier.doi | 10.1596/978-0-8213-8249-3 | |
okr.identifier.externaldocumentum | 000333038_20100427011931 | |
okr.identifier.internaldocumentum | 12153742 | |
okr.identifier.report | 54250 | |
okr.language.supported | en | |
okr.language.supported | es | |
okr.pdfurl | http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/04/27/000333038_20100427011931/Rendered/PDF/542500PUB0Expo101Official0Use0Only1.pdf | en |
okr.pdfurl | http://documents.worldbank.org/curated/en/916151468336018465/pdf/542500PUB0SPAN0PUBLIC00PEPs0Spanish.pdf | es |
okr.peerreview | Academic Peer Review | |
okr.statistics.combined | 9960 | |
okr.statistics.dr | 611261468155103854 | |
okr.statistics.drstats | 4478 | |
okr.topic | Private Sector Development :: E-Business | |
okr.topic | Law and Development :: Corporate Law | |
okr.topic | Finance and Financial Sector Development :: Banks & Banking Reform | |
okr.topic | Private Sector Development :: Emerging Markets | |
okr.topic | Public Sector Corruption and Anticorruption Measures | |
okr.topic | Public Sector Development | |
okr.txturl | http://documents.worldbank.org/curated/en/916151468336018465/text/542500PUB0SPAN0PUBLIC00PEPs0Spanish.txt | es |
okr.unit | Financial Market Integrity (FPDFI) | |
okr.volume | 1 of 1 |
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