Search Results

You are looking at 1 - 10 of 103 items for :

Clear All
International Monetary Fund

comprehensive and integrated approach to conducting assessments. Decisions by both the IMF and the World Bank Boards are required on the modalities of AML/CFT work in FSAPs and OFC assessments, including in particular, on whether to: Continue to collaborate with the FATF in view of the confirmation that it has no plans at present to undertake a further round of the Non-Cooperative Countries and Territories’ (NCCT) exercise. Endorse the revised FATF Recommendations as the new standard for which Reports on the Observance of Standards and Codes (ROSCs) are prepared and

International Monetary Fund
International Monetary Fund

Front Matter Page INTERNATIONAL MONETARY FUND AND WORLD BANK Anti-Money Laundering and Combating the Financing of Terrorism: Observations from the Work Program and Implications Going Forward Prepared by: IMF: Monetary and Financial Systems and Legal Departments World Bank: Financial Sector Vice-Presidency Approved by: IMF: Stefan Ingves and Sean Hagan World Bank: Cesare Calari August 31, 2005 Contents Acronyms Executive Summary I. Introduction II. The AML/CFT Work Program—Assessments, TA, and Policy Development A

International Monetary Fund

210 TA projects, including 169 delivered in the field. TA coordination with external partners continues to be a key objective of Fund/Bank efforts. The demand for TA has increased inter alia because of the need to implement the new requirements and because of the increased awareness of AML/CFT issues. Policy development work has been an integral part of the intensive AML/CFT work program . Initiatives include the need to document international practices in the new sectors covered by the standard, the approaches to be applied in the implementation of the standard

International Monetary Fund. Legal Dept.

ISSUES FUND SURVEILLANCE FUND-SUPPORTED PROGRAMS FINANCIAL SECTOR ASSESSMENT PROGRAM CAPACITY DEVELOPMENT A. AML/CFT Assessments B. The Fund’s AML/CFT CD Program OTHER AML/CFT WORK RESOURCES CONCLUSION AND RECOMMENDATIONS ISSUES FOR DISCUSSION BOXES 1. Impact of ML/TF or Related Predicate Crimes on Members’ Financial Systems or the Broader Economy 2. Selected Cases of AML/CFT Inclusion in Article IV Consultations 3. Examples of Fund-Supported Programs with Financial Integrity-Related Conditionality 4. Example of Synergies Between FSAP