03275nam 2200661Ia 450 991045820700332120200520144314.01-282-42225-197866124222560-8213-8179-2(CKB)2560000000008042(EBL)476204(OCoLC)536301137(SSID)ssj0000085317(PQKBManifestationID)11980749(PQKBTitleCode)TC0000085317(PQKBWorkID)10010523(PQKB)11032378(MiAaPQ)EBC476204(Au-PeEL)EBL476204(CaPaEBR)ebr10356779(CaONFJC)MIL242225(EXLCZ)99256000000000804220090917d2010 uy 0engurcn|||||||||txtccrAlternative remittance systems and terrorism financing[electronic resource] issues in risk mitigation /Matteo VaccaniWashington, D.C. World Bankc20101 online resource (41 p.)World bank working paper ;no. 180Description based upon print version of record.0-8213-8178-4 Includes bibliographical references.Contents; Foreword; Acknowledgments; Acronyms and Abbreviations; Author's Biography; 1. Introduction; 2. Anatomy of the System; Figure 2.1. Basic ARS Transaction Model; 3. Vulnerability to Terrorism Financing; Figure 3.1. Ranjha Case Alleged Transfer Network, 2004-2007; Box 3.1. Al Barakaat: An Essential Chronology; 4. Risk Mitigation Measures; Figure 4.1. Remittance Inflow Recurring Patterns, 1994-2007; 5. Conclusion; Appendix. ARS Settlement Models; Figure A.1. Offsetting Transaction Settlement; Figure A.2. Bilateral Financial Settlement; Figure A.3. Multilateral Financial SettlementFigure A.4. Bilateral Trade Settlement Figure A.5. Multilateral Trade Settlement; Figure A.6. Smuggling Settlement; ReferencesThis paper is designed to cover a subset of such category, i.e. the realm of unregulated/informal Alternative Remittance Systems, also known as informal value transfer systems (IVTS). In these cases, operators form a parallel, underground financial system aimed at rapidly and effectively moving value within or between jurisdictions, often without being detected by regulators and law enforcement, and usually without available transaction records. Where prevalent (as it is often the case in low-income economies), ARS are frequently the only mechanism by which the poor or isolated can send and reWorld Bank working paper ;no. 180.TerrorismFinanceMoney launderingCapital movementsEmigrant remittancesElectronic books.TerrorismFinance.Money laundering.Capital movements.Emigrant remittances.363.325/16Vaccani Matteo968868MiAaPQMiAaPQMiAaPQBOOK9910458207003321Alternative remittance systems and terrorism financing2201035UNINA