Cayman Islands : Report on the 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.

Contributor:

International Monetary Fund, Contributor.

Series:

IMF Staff Country Reports; Country Report ; No. 2009/324

IMF Staff Country Reports

Language:

English

Physical Description:

1 online resource (18 p.)

Edition:

1st ed.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2009.

Language Note:

English

Summary:

This paper focuses on 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 the Cayman Islands. The assessment reveals that the Cayman Islands’s legal framework for combating money laundering and terrorism financing is comprehensive. All designated categories of offences enumerated in the FATF 40 Recommendations are predicate offences under the Cayman law. The criminalization of FT is in accordance with FATF requirements. The confiscation regime meets most standards and is effective.

Contents:

Cover; Cayman Islands: Report on the Observance of Standards and Codes, FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism; ABBREVIATIONS; 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; F. Legal Persons and Arrangements & Non-Profit Organizations; G. National and International Co-operation; H. Other Issues; I. Authorities' Response

Notes:

Description based upon print version of record.

Description based on publisher supplied metadata and other sources.

ISBN:

9786613725271

9781455271320

1455271322

9781452776736

1452776733

9781280883965

1280883960

9781451878929

1451878923

OCLC:

772640902