Italy Financial Sector Assessment Program: Detailed Assessment Report on Anti: Money Laundering and Combating the Financing of Terrorism. [electronic resource] :
- Washington, D.C. : International Monetary Fund, 2006.
- 1 online resource (139 p.)
- IMF Staff Country Reports; Country Report ; No. 06/84 .
- IMF Staff Country Reports; Country Report ; No. 06/84 .
This Detailed Assessment Report focuses on Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) for Italy. The assessment reveals that overall, the current AML/CFT framework in Italy is extensive and mature, and achieves a high degree of compliance with most of the Financial Action Task Force (FATF) 40 recommendations. The law enforcement efforts against money laundering have been quite successful. The AML/CFT preventive system is quite sophisticated, but needs to be updated to incorporate the new features of the revised FATF standard with respect to financial institutions and nonfinancial businesses and professions.
1451819978 : 15.00 USD
1934-7685
10.5089/9781451819977.002 doi
Financial Intermediaries
Law Enforcement
Money Laundering
Terrorism
Terrorist Financing
Italy
This Detailed Assessment Report focuses on Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) for Italy. The assessment reveals that overall, the current AML/CFT framework in Italy is extensive and mature, and achieves a high degree of compliance with most of the Financial Action Task Force (FATF) 40 recommendations. The law enforcement efforts against money laundering have been quite successful. The AML/CFT preventive system is quite sophisticated, but needs to be updated to incorporate the new features of the revised FATF standard with respect to financial institutions and nonfinancial businesses and professions.
1451819978 : 15.00 USD
1934-7685
10.5089/9781451819977.002 doi
Financial Intermediaries
Law Enforcement
Money Laundering
Terrorism
Terrorist Financing
Italy