According to Anti Money Laundering act (AMLA), the crime of
money laundering is considered to be a felony. Consequently, it
can't be tried in a criminal court unless investigations are carried
out.
After all investigations have been performed by
the competent
authorities of (AMA), and strong evidence has been provided, the
competent judicial authorities start action considering the related
criminal laws.
In this study we are focusing on two stages regarding the crime of
money laundering : detection as well as investigation and how
authorities act according to the regulations stipulated in the law.
تؤدي النقود الإلكترونية دوراً مهماً في تطور التجارة و لاسيما الإلكترونية منها، فهي تُمكن المتعاملين بها من إجراء الصفقات و تسوية قيمتها و الشخص الذي يقوم بها موجود في منزله أو مكتبه، و توّفر في النفقات التي تستلزمها النقود التقليدية من إحداث مصارف و
دفع رواتب موظفيها و غيرها من النفقات. و على الرغم من ذلك فإن لهذه النقود محظوراً مهماً يتمثل في استخدامها بشكلٍ غير مشروع
بغرض ارتكاب جريمة غسل الأموال، فتتحول من وسيلةٍ لتطوير التجارة إلى أداةٍ لارتكاب الجريمة.
Money laundering is a serious phenomenon, facing many countries of
the world phenomenon, because of their serious political, social and
economic effects on the state and its standing in the international
community.
Has helped the spread of this p
henomenon ease of movement of capital
across different countries, in the light of international trade liberalization,
which has fallen into increasing funds criminal organizations trading on
the local and international level, the movement, with the aim of
legitimacy to hide the money obtained illegally to look like money clean.
The study identified the impact of adherence to anti-money laundering procedures on the performance of banks operating in Yemen from many aspects, which is to identify the planning and design of anti-money laundering procedures on the performance of
banks operating in Yemen, and the organization of the responsible administrative unit, monitoring , follow-up and correction, and the policies and procedures imposed on banks. The money laundering crime is one of the most dangerous crimes facing the Yemeni economy in general and the banking sector in particular.
The study problem was identified with some questions, including what is the impact of commitment to anti-money laundering procedures on the performance of banks operating in Yemen.
The study relied on two variables, the independent variable, commitment to anti-money laundering procedures, and the dependent variable, the performance of banks according to the dimensions of the balanced scorecard. The study relied on the analytical descriptive approach as the most widely used method in human and social sciences studies, and the questionnaire was relied on as a main tool for collecting the necessary data for this study, and the sample size of the study was determined based on the sample size table of (Krejcie & Morgan)
A disproportionate stratified random sample was selected, and after completing statistical analyzes of the data collected through questionnaires in banks operating in Yemen, a number of results were reached, including that the level of commitment to anti-money laundering procedures in banks operating in Yemen in general was high, For all aspects and came in order (planning and designing anti-money laundering procedures, organizing the administrative unit responsible for money laundering procedures, monitoring, following up and correcting anti-money laundering procedures)
Banks have written policies and procedures for combating money laundering, and follow the international standards and regulations for combating money laundering and the instructions of the Central Bank of Yemen to formulate its policies and procedures.
Banks are obligated to submit their suspected anti-money laundering reports on time to the Financial Information Collection Unit. The policies and procedures manual is based on international standards,the updating of ban lists, and on local laws and instructions from control and supervision authorities.
