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Georgia : Report on Observance of Standards and Codes—FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism.

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Format:
Book
Government document
Author/Creator:
International Monetary Fund. Legal Department.
Contributor:
International Monetary Fund.
Series:
IMF Staff Country Reports; Country Report ; No. 2013/005
IMF Staff Country Reports
Language:
English
Subjects (All):
Monetary policy--Georgia.
Monetary policy.
Money laundering--Georgia.
Money laundering.
Terrorism--Georgia--Finance.
Terrorism.
Georgia--Economic conditions.
Georgia.
Physical Description:
1 online resource (17 p.)
Place of Publication:
Washington, D.C. : International Monetary Fund, 2013.
Language Note:
English
Summary:
This report is on the observance of standards and codes for the FATF 40 recommendations for antimoney laundering (AML) and special recommendations on combating the financing of terrorism. The government of Georgia indicated that the recommendations of the report have already been put into an action plan to implement appropriate corrective measures. Executive Directors approve that the regime has significantly improved since the last assessment. However, weaknesses with regard to compliance with key elements of the standard should be urgently addressed in light of significant vulnerabilities and threats.
Contents:
Cover; Georgia: Report on Observance of Standards and Codes-FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism; A. Introduction; B. Key Findings; C. Legal Systems and Related Institutional Measures; D. Preventive Measures - Financial Institutions; E. Preventive Measures - Designated Non-Financial Businesses and Professions (DNFBPs); F. Legal Persons and Arrangements & Non-Profit Organizations; G. National and International Co-operation; H. Authorities' Response
Notes:
Description based upon print version of record.
Description based on print version record.
ISBN:
9781475596434
147559643X
9781475566390
1475566395
9781299263956
129926395X

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