Bolivia; Report on the Observance of Standards and Codesâ€”FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism

Boliviaâ€™s system to prevent and suppress money laundering fulfills most of the Financial Sanctions Related to Terrorism and Terrorist Financing (FATF) recommendations and applies to the insurance, stock market, and financial sectors. However, the system does not include other activities that are susceptible to money laundering. The institutional regulatory and financial intelligence responsibilities for combating money laundering are concentrated in the Bolivian Financial Intelligence Unit. Bolivia should continue to improve the legislation aimed at combating this offense, and strengthen the imposition and supervision of controls.

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Year of publication:	2003-10-03
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Reports on the Observance of Standards and Codes \| money laundering \| terrorism \| financing of terrorism \| penal code \| international cooperation \| suspicious transactions \| criminal organizations \| terrorism financing \| law enforcement \| terrorist financing \| terrorist \| drug trafficking \| criminal offense \| unusual transactions \| suspicious transaction \| laundering standards \| dual criminality \| competent authorities \| domestic legislation \| money laundering standards \| criminal activity \| united nations security \| banking secrecy \| criminal offence \| terrorist assets \| foreign authorities \| predicate offences \| criminal law \| criminal investigation \| share information \| organized crime \| terrorism finance \| judicial authorities \| terrorism regime \| criminal law enforcement \| confiscating assets \| transaction reporting \| know your customer \| alternative remittance \| acts of terrorism \| legal entity \| financial intermediary \| exchange information \| international treaties \| supervisory agencies \| customer identification \| prudentially regulated sectors \| suspicious activity reports \| transaction reports \| financial intermediaries \| international community \| money laundering regulations \| information exchange \| suspicious transactions ? information \| combating money \| suspicious transaction reports \| civil liability \| combating money laundering \| international treaty \| suspicious transaction reporting \| money laundering issues \| legal assistance \| illicit trafficking \| criminal justice \| suspicious activity \| criminal justice measures

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 03/307 1 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005767394