Banking compliance in the cemac zone

This book provides answers to the misunderstandings of banking professionals, the challenges of compliance, its expectations, its structuring and its implementation within institutions subject to COBAC. It informs students and other learners from all over the world who are interested in banking compliance in general, and banking compliance in CEMAC in particular, about the compliance function. It is also a tool for informing and teaching investors and banking and finance professionals in the CEMAC zone and beyond, about the CEMAC banking industry's understanding of compliance and the expectations of the COBAC regulator. All this is covered in eight (08) chapters dealing respectively with: an introduction to the compliance function in the CEMAC zone; the fight against money laundering, the financing of terrorism and proliferation; data protection and privacy; governance and organizational structure; banking correspondence and its challenges; international standards and their impact; compliance with international sanctions and the management of banking disputes through claims.