Cover -- Half Title Page -- Title Page -- Copyright -- Contents -- Foreword -- Preface -- Acknowledgments -- About the Authors -- Abbreviations and Glossary -- Overview -- Introduction -- Demand for Insight on the Connection of Mobile Money with Anti-Money Laundering and Combating the Financing of Terrorism -- The M-Money Landscape: Potential and Challenges -- Objectives of This Report -- Scope of This Report -- Target Audience -- Methodology -- Outline of the Book -- Notes -- References -- Chapter 1: Analysis of the Mobile Money Transaction Flow -- Summary -- Introduction: Regulating by Provider Type Is Insufficient -- Mapping the System: From Mobile Service to Settlement -- The Retail Outlet's Role: Customer Interface and User -- Who Does What: Multiple Providers -- Market Integrity Roles Assumed by Providers -- Summary and the Rule of the Account Provider -- Notes -- References -- Chapter 2: Assessment of Potential Money-Laundering and Combating the Financing of Terrrorism Risks and Their Potential Mitigation Techniques -- Summary -- Integrity Risks in Theory: Placing Them into Four Major Risk Categories -- Fieldwork Finding: Perceptions of Integrity Risks May Be Higher Than Merited -- Integrity Risks in Reality -- Techniques Used to Effectively Mitigate M-Money Risks -- M-Money Risks and Mitigation Techniques Specific to the Financing of Terrorism -- Balancing Risk Mitigation Techniques with Financial Inclusion Objectives -- Notes -- References -- Chapter 3: Overview of Anti-Money Laundering and Combating the Financing of Terrorism Regulatory Practices and Risk Management Frameworks for Mobile Money -- Summary -- Licensing and Registration of M-Money Providers -- Supervision of M-Money Providers -- Stocktaking of Current Preventive AML/CFT Obligations -- The Role of Retail Outlets -- Notes -- References.

Chapter 4: Anti-Money Laundering and Combating the Financing of Terrorism Policy Guidance for Countries Regulating Their Mobile Money Markets -- Summary -- AML/CFT Guidance for Policy Makers -- AML/CFT Guidance for M-Money Providers -- Recommendations for the FATF -- Notes -- References -- Appendix A: The Interplay between Financial Inclusion and Compliance with Anti-Money Laundering and Combating the Financing of Terrorism Regulation: Key Issues for Consideration during Mutual Assessments -- Background -- Financial Inclusion and AML/CFT -- Policy and the Regulatory Approach -- Know-Your-Customer Obligations -- Recordkeeping -- Retail Outlets -- Reporting Obligations -- Statistics -- Supervision and Enforcement -- Notes -- References -- Appendix B: Mobile Money: Growth Potential, Current Landscape, and Factors for Success -- Potential for Growth -- The Current M-Money Landscape -- Profitability of M-Money Providers and the Factors for Success -- The Current Global Regulatory Scenario -- Notes -- References -- Appendix C: Customer Due Diligence Obligations and Mobile-Money Services: Key Questions and Solutions -- Know-Your-Customer and the Risk-Based Approach: Principles and Limits -- Why M-Money Services Carry Low Risks -- Relaxed CDD for M-Money: Three Possible Scenarios -- Notes -- References -- Appendix D: Reporting Obligations in the Particular Context of Mobile Money -- Allocation of Responsibilities -- Related Rights, Obligations, and Processes -- Contents within an STR -- Note -- Index -- Backcover.