Research On The Internal Control Of Anti Money Laundering Business Of Commercial Banks

With the development of economic globalization,the financial problems related to criminal activities has become increasingly complex due to the rapid change of technology and the globalization of financial services.Currently,three trends in international money laundering has been formed.Firstly,money-laundering organizations.Money laundering used to be caused by downstream crime groups such as theft gangs and robbers.However,such upstream criminal activities as corrupting,gambling,drug,smuggling are linked up with downstream activities,being carried out by organized criminal groups.Secondly,the specialization of those involved in money laundering,which includes those professionals(e.g accountants and lawyers)cooking the book to assist criminals and providing”legalization”procedures.Thirdly,in the wake of emerging-market countries opening up their economic and financial sectors,these countries are preferred to”help”launder money.In order to effectively prevent and combat money laundering activities,many countries have been taking actions such as promulgating some corresponding laws and regulations,increasing the punishment of law enforcement and strengthening international cooperation.Banks and other financial institutions are also actively in conjunction with the governments,which is unprecedented,to carry out anti-money laundering work in internal audit.Under the background of non—traditional security threats,economic and financial integration,in particular,increased the system risk of the international financial system.Trends like internationalization of capital flows,admixture of financial management.diversification of financial services and electronic of financial transactions make criminals more likely to laundering money.Anti-money laundering activities in various countries brook no delay.Money—laundering by criminals seriously damages normal political,economic and financial orders of a country,does harm to the credibility of financial institutions and severely affects the normal development of the society.Owing to the unique role of financial institutions in the national payment system and the process of financial assets collecting and transferring,money launderers usually select commercial banks as a first choice for money laundering.This article is divided into five parts: the introduction,the internal control anti-money laundering theory of commercial banks',an overview of ZG Bank's internal control of anti-money laundering,the problems of internal control of ZG Bank's anti-money laundering,and suggestions for improving ZG Bank's anti-money laundering internal control.In the first chapter,the introduction mainly introduces the research background and research significance of this article.At the same time,it reviews the literature from the concepts of money laundering and anti-money laundering business and the concept of internal control of anti-money laundering by commercial banks.It also explains the research ideas adopted by the article.And methods.The second chapter summarizes the internal control theory of the anti-money laundering business of commercial banks,including the concepts of anti-money laundering business and internal control,the overview of internal control of banks' anti-money laundering,and the theoretical basis of internal control of banks' anti-money laundering business.Chapter 3,ZG Bank's internal control overview of anti-money laundering business,mainly includes the basic conditions of ZG Bank,ZG Bank's anti-money laundering business,and ZG Bank's anti-money laundering business.Chapter IV,ZG Bank's anti-money laundering business internal control problems,from the ZG Bank's anti-money laundering business internal environment,risk control,information communication,internal control system monitoring from the four perspectives to find out some of the ZG Bank currently existed in detail and analysis The reason.The fifth chapter is to improve ZG Bank's internal control of anti-money laundering.Based on the analysis of the main problems and the causes of the foregoing,we propose corresponding measures to improve them.The specific measures are as follows: Improve the internal control environment of commercial banks anti-money laundering business,regulate the risk control system of banks' anti-money laundering business,and supplement the information acquisition channels of banks' anti-money laundering business.Enhance the monitoring of the internal control system of the bank's anti-money laundering business.The aim is to continuously improve the effectiveness of ZG Bank's internal control of anti-money laundering,prevent money laundering activities of lawless elements,establish a good bank image,and achieve long-term stable operation of the bank.