Research On Internal Audit Of Anti - Money Laundering In Commercial Banks

With the Chinese annually rising amount of money laundering, the grim situation of anti money laundering should not be underestimated. Due to the transfer of funds is dependent on the financial system to complete, therefore, the establishment of the internal control system of anti money laundering has become the common understanding of the financial institutions, most of which have established the internal control system. However, affected by various factors, internal control system of anti money laundering is still need to be improved and effective implementation. The implementation of anti money laundering of internal audit in commercial bank internal control system can promote the continuous and healthy development, to rapidly improve the anti money laundering work will be of a great help.In this paper, based on the anti money laundering and the importance of internal audit are analyzed, sorted out the theory framework of internal auditing of bank anti money laundering, combined with the actual case in carrying out internal audit of bank anti money laundering is very necessary. Finally, some commercial banks internal audit strategy of anti money laundering work experience.This paper consists of six parts, the first part is the introduction, introduces the research background, the theoretical achievements in related fields is more mature, the conclusion of the research is pointed out that the situation is not in place, there is a very large research value in this field. The second part has carried on the description and analysis of money laundering and anti money laundering, defines the concept of anti money laundering auditing, stressed the importance of anti money laundering of internal audit in the audit of the anti money laundering. The third part analyzes the commercial bank and the existing problems in the internal audit work of anti money laundering, and pointed out the deficiencies in the audit work of anti money laundering and aspects to be improved. The fourth part of the specific procedures for internal audit procedures, basic theory of commercial bank anti money laundering internal auditing principles and methods, design three aspects to construct the theoretical framework and the implementation of internal audit of bank anti money laundering. The fifth part cited Wachovia for anti money laundering work is poor by huge penalties case, confirms the development of internal auditing of bank anti money laundering is a very necessary work and brook no delay. The sixth part puts forward the commercial bank anti money laundering strategy of internal audit.