Money Laundering Red Flags by Activity (Excel)
90 red flags for money laundering and terrorist financing across 10 activities, from onboarding to trade finance, with what to check.
Guides · editable Excel · 4 sheets · ₹99 / $0.99 · lifetime access, up to 5 downloads
Recognise patterns that may point to money laundering or terrorist financing. The workbook lists 90 red flags in 10 areas: customer onboarding, transactions and account activity, wire transfers and payments, money service businesses and cash, lending, trade finance and trade-based laundering, securities and investments, insurance, gaming, and retail, trade and consumer goods. Each red flag explains what it means and how to check it, with columns to record whether monitoring covers it, the rule or procedure and any gap. It also explains when a suspicious transaction report may be needed under laws such as India's PMLA. Especially useful for banks, financial institutions and their auditors. Editable Excel.
What's inside
- Read Me: purpose and how to use the workbook
- Key terms explained in plain language
- 90 red flags in 10 activities, from customer onboarding to trade finance and gaming
- Each item: what it means in plain English and how to check it, with an example
- Columns for whether monitoring covers it, the rule or procedure and gap / action
- Summary sheet: results by area, updated automatically
Topics: Fraud and Ethics · Compliance
Learn it on video
- COSO Principles 8-9 Explained: Fraud Risk and Managing Change (7 min)
- The Types of Business Risk Every Auditor Should Know (8 min)
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