Title Page
ABSTRACT
Contents
1. CHAPTER 1: INTRODUCTION 10
1.1. Purpose of Dissertation 10
1.2. Objectives of Research 14
1.3. Methodology of Research 15
2. CHAPTER 2: THE ISSUES OF MONEY LAUNDERING 17
2.1. What is Money Laundering 17
2.1.1. Basic Concept 17
2.1.2. Three Stages of Money Laundering 19
2.2. The Adverse Effects of Money Laundering 24
2.2.1. The Economic Effects of Money Laundering 24
2.2.2. The Political Effects of Money Laundering 33
2.2.3. The Social Effects of Money Laundering 34
2.3. The Essential of Anti-Money Laundering Measures 36
2.3.1. What is "Anti Money Laundering" - AML 36
2.3.2. The Role in Fighting Against Crime 37
2.3.3. The Role of Economy and Financial System 37
3. CHAPTER 3: THE DEVELOPMENT OF A GLOBAL ANTI-MONEY LAUNDERING STRATEGY 39
3.1. The United Nations 39
3.2. Financial Action Task Force (FATF) 46
3.3. Group of Financial Intelligence Units Egmont (Egmont Group) 55
3.4. Conclusion 56
4. CHAPTER 4: ANTI-MONEY LAUNDERING MEASURES IN UNITED STATES AND UNITED KINGDOMS 58
4.1. The United States Anti-Money Laundering Measures 59
4.1.1. The Bank Secrecy Act (BSA) 61
4.1.2. The Money Laundering Control Act of 1986 (MLCA) 63
4.1.3. The Annunzio-Wylie Anti-Money Laundering Act of 1992 67
4.1.4. Money Laundering and Financing Crime Act 1998 70
4.1.5. The US Patriot Act 70
4.2. The United Kingdom Anti-Money Laundering Measures 84
4.2.1. The Primary Offences Related to Money Laundering 85
4.3. Conclusion 92
5. CHAPTER 5: MONEY LAUNDERING UNDER THE VIETNAM LEGAL PERSPECTIVE 93
5.1. The Money Laundering Situation in Vietnam 94
5.2. The Vietnam Anti-Money Laundering Measures 98
5.2.1. Criminalization of Money Laundering Under Vietnamese Legislations 100
5.2.2. Enhancing assessment measures for high-risk clients 106
5.2.3. Electronic money transfer report 107
5.3. The Misgivings and Shortcomings of Vietnam Anti Money Laundering Measures (AML) 109
5.3.1. Misgivings 109
5.3.2. Limitations of Vietnam Anti-Money Laundering Policies 114
5.4. Conclusion 116
6. CHAPTER 6: RECOMMENDATIONS TO VIETNAM ANTI-MONEY LAUNDERING ENFORCEMENT 117
6.1. In the Context of International Cooperation 118
6.2. The Habit of Using Cash and The Social Awareness of Adverse Effects of ML of Vietnamese Citizen 121
6.3. Anti-Money Laundering Provisions under Law Amending and Supplementing of the Penal Code 1999 122
6.4. Preventive and Combating Money Laundering Measures under Decree 74 Decree No. 74/2005/ND-CP dated 7 June 2005 on "money laundering prevention and combating" 123
6.5. Other Issues 125
6.6. Conclusion 127
7. REFERENCES 128