Working Together : Improving Regulatory Cooperation and Information Exchange.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Contributor:

International Monetary Fund. Monetary and Financial Systems Department.

Series:

Seminar Volumes

Language:

English

Subjects (All):

Financial institutions--Congresses.

Financial institutions.

International cooperation--Congresses.

International cooperation.

Legal aid--Congresses.

Legal aid.

Banks and banking--State supervision--Congresses.

Banks and banking.

Securities--Congresses.

Securities.

Physical Description:

1 online resource (316 pages)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2007.

Summary:

Globalization requires enhanced information flows among financial regulators. Standard-setting bodies for financial sector regulation provide extensive guidance, but financial sector assessments have often found that problems in cooperation and information exchange continue to constrain cross-border supervision and financial integrity oversight. In July 2004, the IMF organized a conference on cross-border cooperation for standard setters, financial intelligence units (FIUs), and financial regulatory agencies. This book brings together conference papers in which participants discuss: information exchange for an effective anti–money laundering/combating the financing of terrorism (AML/CFT) regime, in terms of both standards and practices; the standards for cooperation in the insurance sector; and the experiences of regulators from banking, securities, and unified regulatory agencies with international cooperation. The book also includes papers providing a general overview of international standards and their implementation and, on the basis of survey results, of practices among financial sector regulators and FIUs.

Notes:

Description based on print version record.

ISBN:

9781462364787

1462364780

9781452779287

1452779287