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

January 4, 2012

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Format: Chicago

Maldives: Report on Observance of Standards and Codes: FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism, (USA: International Monetary Fund, 2012) accessed December 26, 2024

Summary

The financial sector of the Maldives, although small and not developed, is susceptible to both money laundering and, to a lesser extent, terrorist financing. This report focuses on observance of standards and codes for the FATF-40 (Financial Action Task Force) recommendations for antimoney laundering (AML) and nine special recommendations on combating the financing of terrorism (CFT) in the Maldives. It provides a summary of the AML/CFT measures in place in the Maldives and contains recommendations on how the AML/CFT system could be strengthened.

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

Keywords: CR, ISCR, Offense

Publication Details

Pages:

16
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/002
Stock No:

1MDVEA2012002
ISBN:

9781463929831
ISSN:

1934-7685

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