A guide about industry regulations and risk assessment for banking professionals.
Suszek advises banks on ways to comply with new industry regulations in this debut trade manual.
New regulations attempting to root out money laundering and terrorism-financing practices have been placed on the American banking industry, and those institutions that are unable to comply with current standards will face the threat of millions of dollars in fines. Additionally, expanding into other countries—and thus coming under the regulations of those nations—creates even more issues for financial institutions. This book seeks to serve as an “introduction to the world of banking compliance; its purpose is to provide you with a quick reference to the critical factors you must consider in effectively managing the compliance risk within your financial organization.” The work explains the importance of risk assessment, identifying activities, account types, and individuals who might compromise a financial institution’s legitimate business. The author further explains how a bank’s relationship with nonbanking financial institutions can further place it in jeopardy via its participation in risky behaviors. He details operational factors that act as a safeguard against unwanted risk, including daily actions to ensure compliance and red-flag activities that might disguise laundering. Suszek includes a section of “Industry Insights,” covering topics such as the culture and cost of compliance, professional liability, tax evasion, and auditing. The book is directed at banking professionals. Unsurprisingly, the prose is technical and dry, laden with industry jargon and minutiae of little interest to the general reader. Suszek is the founder of Global RADAR, a provider of compliance software, and this volume acts in part as promotional material for its services. (He directs some of his criticism at out-of-date practices, which his own company’s software can conveniently replace.) Even so, the author establishes his expertise in the field by offering much helpful information and advice. In an era when banks are viewed with increasing suspicion, the satisfaction of industry regulations and the appearance of responsible business practices are essential for both fostering public confidence and remaining on the right side of the law.
A guide about industry regulations and risk assessment for banking professionals.Pub Date: July 24, 2016
ISBN: 978-1-5354-6822-0
Page Count: 108
Publisher: CreateSpace
Review Posted Online: Aug. 15, 2016
Review Program: Kirkus Indie
BOOK REVIEW
An autobiography as toxic and addictive as any drug its author has ever ingested.
The legendary booze-addled metal rocker turned reality-TV star comes clean in his tell-all autobiography.
Although brought up in the bleak British factory town of Aston, John “Ozzy” Osbourne’s tragicomic rags-to-riches tale is somehow quintessentially American. It’s an epic dream/nightmare that takes him from Winson Green prison in 1966 to a presidential dinner with George W. Bush in 2004. Tracing his adult life from petty thief and slaughterhouse worker to rock star, Osbourne’s first-person slang-and-expletive-driven style comes off like he’s casually relating his story while knocking back pints at the pub. “What you read here,” he writes, “is what dribbled out of the jelly I call my brain when I asked it for my life story.” During the late 1960s his transformation from inept shoplifter to notorious Black Sabbath frontman was unlikely enough. In fact, the band got its first paying gigs by waiting outside concert venues hoping the regularly scheduled act wouldn’t show. After a few years, Osbourne and his bandmates were touring America and becoming millionaires from their riff-heavy doom music. As expected, with success came personal excess and inevitable alienation from the other members of the group. But as a solo performer, Osbourne’s predilection for guns, drink, drugs, near-death experiences, cruelty to animals and relieving himself in public soon became the stuff of legend. His most infamous exploits—biting the head off a bat and accidentally urinating on the Alamo—are addressed, but they seem tame compared to other dark moments of his checkered past: nearly killing his wife Sharon during an alcohol-induced blackout, waking up after a bender in the middle of a busy highway, burning down his backyard, etc. Osbourne is confessional to a fault, jeopardizing his demonic-rocker reputation with glib remarks about his love for Paul McCartney and Robin Williams. The most distinguishing feature of the book is the staggering chapter-by-chapter accumulation of drunken mishaps, bodily dysfunctions and drug-induced mayhem over a 40-plus-year career—a résumé of anti-social atrocities comparable to any of rock ’n’ roll’s most reckless outlaws.
An autobiography as toxic and addictive as any drug its author has ever ingested.Pub Date: Jan. 25, 2010
ISBN: 978-0-446-56989-7
Page Count: 320
Publisher: Grand Central Publishing
Review Posted Online: May 19, 2010
Kirkus Reviews Issue: Dec. 1, 2009
IN THE NEWS
Stricter than, say, Bergen Evans or W3 ("disinterested" means impartial — period), Strunk is in the last analysis...
Privately published by Strunk of Cornell in 1918 and revised by his student E. B. White in 1959, that "little book" is back again with more White updatings.
Stricter than, say, Bergen Evans or W3 ("disinterested" means impartial — period), Strunk is in the last analysis (whoops — "A bankrupt expression") a unique guide (which means "without like or equal").Pub Date: May 15, 1972
ISBN: 0205632645
Page Count: 105
Publisher: Macmillan
Review Posted Online: Oct. 28, 2011
Kirkus Reviews Issue: May 1, 1972
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