ANTI LAUNDERING MONEY POLICIES IN THE E-CONTRACTS USED BY THE ELECTRONIC TRADING PLATFORMS

Abstract

The scopes of this work are the policies adopted by brokers in Europe, United States, and Switzerland in relation to ML/FT that enable access to Internet-based electronic trading in their e-contracts. The work is divided into three segments; first explains in general terms the working of the electronic platforms and e-contracts that may be derived from financial activities; the second one is focused on explaining ML/FT laws and policies, focusing primarily on United States, Europe and Switzerland, after that one broker from each country mention before will be selected to be analyzed; and the third one proposes a series of criticisms and possible solutions.