Twelve-Month Pilot Program of Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) Assessments and Delivery of AML/CFT Technical Assistance : Joint Interim Progress Report / International Monetary Fund.

Format:

Book

Author/Creator:

International Monetary Fund, author, issuing body.

Series:

Policy Papers ; No.03/014.

Policy Papers ; No.03/014

Language:

English

Subjects (All):

Terrorists.

Physical Description:

1 online ressource (17 pages) : illustrations.

Other Title:

Twelve-Month Pilot Program of Anti-Money Laundering and Combating the Financing of Terrorism

Place of Publication:

Washington, D.C. : International Monetary Fund, 2003.

Summary:

The Bank and the Fund are making further progress in implementing the Action Plan on AML/CFT endorsed by the IMFC in November 2001 and the Development Committee in April 2002. The 12-month pilot program of AML/CFT assessments using the comprehensive methodology document, initiated in October 2002, is successfully underway with good cooperation with the FATF and many of the FSRBs. Between 46 and 56 assessments in total are expected to be completed during the pilot period, including at least 36 led by Fund/Bank staff, and up to 8 by the FATF, and 12 by the FSRBs.

Contents:

Executive Summary I. Introduction II. AML-CFT Assessments and Accompanying ROSCs A. Outline of Pilot Program B. Overview of Fund/Bank AML/CFT Assessments III. Participation in the Pilot by the FATF, FSRBs, and the Egmont Group IV. Preliminary Observations from Fund/Bank Staff-Led Assessments A. Substantive Observations B. Procedural Issues V. Intensified Bank/Fund TA/Capacity-Building Delivery A. Overview of TA Delivery B. TA Coordination VI. Next Steps Text Tables 1. Fund/Bank-Led AML/CFT Assessments 2. Jurisdictions Benefiting from Bank/Fund AML/CFT Technical Assistance 3: TA Requests by Region and Type.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

9781498370134

1498370136