Georgia: Report on Observance of Standards and Codes—FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism

January 8, 2013

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Format: Chicago

Georgia: Report on Observance of Standards and Codes—FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism, (USA: International Monetary Fund, 2013) accessed November 21, 2024

Summary

This report is on the observance of standards and codes for the FATF 40 recommendations for antimoney laundering (AML) and special recommendations on combating the financing of terrorism. The government of Georgia indicated that the recommendations of the report have already been put into an action plan to implement appropriate corrective measures. Executive Directors approve that the regime has significantly improved since the last assessment. However, weaknesses with regard to compliance with key elements of the standard should be urgently addressed in light of significant vulnerabilities and threats.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Crime, Digital currencies, Legal support in revenue administration, Money laundering, Revenue administration, Technology, Terrorism financing

Keywords: AML compliance officer, AML Law, AML officer, Anti-Money Laundering, Anti-money laundering and combating the financing of terrorism (AML/CFT), Anti-Money Laundering measure, CFT, CR, Digital currencies, Financial institution, FT offense, ISCR, Legal support in revenue administration, ML offense, Money laundering, Offense, Predicate crime, Terrorism financing

Publication Details

Pages:

16
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/005
Stock No:

1GEOEA2013002
ISBN:

9781475517996
ISSN:

1934-7685

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