This paper discusses key findings of the Detailed Assessments of the Observance of Standards and Codes for Banking Supervision, Insurance Supervision, and Securities Regulation for Panama. The International Organization of Securities Commissions (IOSCO) assessment considered the securities...

The Maldives has taken steps to lay down the foundations of an antimoney laundering and counterterrorist financing (AML/CFT) framework. This report summarizes the AML/CFT measures that were in place in the Maldives at the time of the onsite visit (October 17–28, 2010) and shortly...

This assessment of the current state of Australia’s implementation of the Basel Core Principles for Effective Banking Supervision has been completed as part of a Financial Sector Assessment Program (FSAP) undertaken in December 2005 by the International Monetary Fund. The assessment team...

This paper presents Mexico’s detailed assessment report on antimoney laundering and combating the financing of terrorism. Powerful drug cartels, resorting to extreme violence, have extended their activities across various parts of the country, and these activities pose significant...

This report provides a summary of the Antimoney Laundering and Combating the Financing of Terrorism (AML/CFT) measures in effect in the Union of the Comoros on the date of or shortly after the onsite visit. It describes and analyzes these measures, indicates the level of the Union of the...

This paper discusses key findings of the Detailed Assessment Report on Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) for the Republic of Belarus. The assessment reveals that compliance supervision in Belarus is detailed with a strong culture of onsite examination. Two...

The level of domestically generated proceeds of serious crime in San Marino is low. However, San Marino is vulnerable to money laundering (ML) of proceeds of crimes committed abroad. The Sammarinese financial sector, until recently, was characterized by a number of features that have created a...

This paper discusses key findings of the Assessment of Financial Sector Supervision and Regulation for Panama. The assessment of bank supervision showed a high degree of compliance with the Basel Core Principles (BCP) reflecting generally satisfactory implementation combined with an adequate...

This report provides a summary of the antimoney laundering (AML) and combating the financing of terrorism (AML/CFT) measures in place in Cape Verde. It sets out Cape Verde’s levels of compliance with the Financial Action Task Force (FATF) 40 recommendations. The assessment reveals that...

This paper discusses key findings of the Detailed Assessment on Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) for the Republic of Latvia. The assessment reveals that aspects of Latvia’s financial services market expose it to a high risk of money laundering....