L Rural Commercial Bank Anti-Money Laundering Internal Audit Research

In February 2019,the international anti-money laundering organization FATF reviewed and approved China's fourth round of anti-money laundering and anti-terrorist financing mutual evaluation reports,fully recognizing China's positive progress in anti-money laundering and anti-terrorist financing in recent years,and held that China's anti-money laundering and anti-terrorist financing work The system has a good foundation.But we can't be complacent about these achievements,because with the development of science and technology and the continuous expansion of financial services business scope,anti-money laundering work is facing new challenges.According to statistics from the International Monetary Fund,the annual global amount of illegal money laundering accounts for about 2% to 5% of the global GDP,and it grows at the rate of 100 billion US dollars every year.If calculated according to this,the amount of illegal money laundering in China in 2019 will be between 1.98 trillion and 4.95 trillion yuan,and the situation of anti-money laundering is grim.As the first line of defense for anti-money laundering,banks face unprecedented challenges and need to take a series of effective measures to prevent money laundering risks.Among them,internal auditing of anti-money laundering is an effective risk control measure.Internal audit can analyze and evaluate the strictness of the internal control mechanism and the scientificity of the management system,timely find the weak links and loopholes in the anti-money laundering work,and remind the management to take relevant measures for improvement as early as possible.This paper systematically reviews the research background and significance ofinternal audit of anti-money laundering,domestic and foreign literature review,research ideas and methods,introduces the theoretical basis and domestic and foreign work status of internal audit of anti-money laundering,based on the full investigation of internal audit of anti-money laundering of L rural commercial bank,uses game theory,transaction cost theory,new The theory of public management,the theory of public entrusted economic responsibility and other theories analyze the existing problems.It is found that L rural commercial bank's internal audit work of anti-money laundering has six problems: system construction,auditor,audit method,audit report and result application,audit quality evaluation,audit scope and so on.It also analyzes the causes of the problems,including the imperfection of the internal audit system of anti-money laundering,the incompetence of the internal auditors of anti-money laundering,the lack of integration of the internal audit methods and procedures of anti-money laundering with the audit concept,the weak anti money laundering awareness of the bank executives and employees,and the bank's own interests hindering the internal audit of anti-money laundering,This paper puts forward five countermeasures to improve the internal control system of anti-money laundering,strengthen the construction of internal auditors,establish the performance evaluation mechanism of anti-money laundering work,strengthen the risk control of branches,improve the performance evaluation system of L rural commercial bank,and reasonably design the internal audit procedures of anti-money laundering.These countermeasures can be used for reference to improve the effectiveness of anti-money laundering internal audit of rural commercial banks.