Publication details
Právní následky porušení vnitřního předpisu AML zaměstnancem banky
| Title in English | Legal consequences of breaching AML internal guidelines by a bank employee |
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| Authors | |
| Year of publication | 2013 |
| Type | Appeared in Conference without Proceedings |
| Citation | |
| Description | Having internal guideline is a prerequisite and also unseparetable part of performing banking business activities on Czech financial market. Both laws and the regulator provide certain requirements in respect to internal guidelines that must be complied with to ensure the safe functioning of the bank. However, the mere existence of internal guidelines does not secure that these guidelines are followed. The very important part of the process is fullfilment and enforcement, including negative consequences following a breach of those guidelines. This paper deals with consequences and instruments available to an employer is case of a breach of internal guidelines by an employee, and in particular guidelines aiming to prevent money laundering. |
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