1 option
Germany : Report on Observance of Standards and Codes-FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism.
- Format:
- Book
- Government document
- Author/Creator:
- International Monetary Fund.
- Series:
- IMF Staff Country Reports; Country Report ; No. 2010/079
- IMF Staff Country Reports
- Language:
- English
- Subjects (All):
- Money laundering--Germany--Prevention.
- Money laundering.
- Terrorism--Germany--Finance--Prevention.
- Terrorism.
- Physical Description:
- 1 online resource (16 p.)
- Other Title:
- Report on Observance of Standards and Codes (ROSC) : FATF recommendations for anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT)
- FATF recommendations for anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT)
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 2010.
- Language Note:
- English
- Summary:
- This report reviews observance of standards and codes on the Financial Action Task Force (FATF) Recommendations for antimoney laundering and combating the financing of terrorism (AML/CFT) for Germany. The report reveals that the AML/CFT framework is not fully in line with the FATF Recommendations. There are weaknesses in the legal framework and in sanctioning for noncompliance with AML/CFT requirements. German authorities regularly use a broad range of legal procedures to seize, confiscate, and forfeit property, but they confiscate and forfeit a lot less property than the courts issue orders for.
- Contents:
- ACRONYMS; Contents; A. Introduction; B. Key Findings; C. Legal Systems and Related Institutional Measures; D. Preventive Measures-Financial Institutions; E. Preventive Measures-DNFBPs; F. Legal Persons and Arrangements and Non-Profit Organizations; G. National and International Cooperation; H. Other Issues; Table; Summary Table of Observance and Key Recommendations
- Notes:
- "This report on the Observance of Standards and Codes on the FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism for Germany was prepared by the Financial Action Task Force on Money Laundering (FATF)."
- "March 2010."
- Description based on print version record.
- ISBN:
- 9786613879325
- 9781455279388
- 1455279382
- 9781452799940
- 1452799946
- 9781283566872
- 1283566877
- 9781451996180
- 1451996187
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.