This assessment of Financial Sector Supervision and Regulation for Samoa provides an overview of legal and … institutional frameworks. Compliance with the Basel Core Principles (BCPs) for the supervision of international and domestic banks … has improved considerably. Supervision of domestic banks should be strengthened further through issuance of additional …

to drug trafficking and international criminal groups. The financing of terrorism has also been criminalized and is …St. Vincent and the Grenadines (SVG) is exposed to money laundering (ML) and financing of terrorism (FT) risk related … largely in conformity with the Suppression of the Financing of Terrorism (SFT) Convention. The legal and institutional …

This report focuses on the observance of standards and codes for the Financial Action Task Force on Money Laundering … (FATF-40) recommendations for antimoney laundering (AML) and nine special recommendations on combating the financing of … revealed that law enforcement authorities and the Office of Director of Public Prosecutions are under-resourced in relation to …

This report on the Observance of Standards and Codes for the Financial Action Task Force (FATF) 40 Recommendations for … Anti-Money Laundering (AML) and 9 Special Recommendations on Combating the Financing of Terrorism (CFT) was prepared by the … Legal Department of the IMF. It provides a summary of the AML/CFT measures. The assessment is based on the information …

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 Comoros’s compliance with the 40 + 9 Financial Action Task Force (FATF …

This review of financial sector regulation and supervision in the Kingdom of the Netherlands—Netherlands Antilles … created by placement of the jurisdiction in the weakest category of the list of offshore financial centers, published by the … Financial Stability Forum (FSF). Bank of the Netherlands Antilles (BNA) staff is highly capable, well-trained, and dedicated …

The Kingdom of Bahrain’s Financial System Stability Assessment highlights banking supervision, insurance supervision …, securities regulation, and antimoney laundering and combating the financing of terrorism. The banking sector is well capitalized … markets to surge. Consumer lending has grown rapidly, although it slowed in 2005 following a tightening of loan to income …

Anguilla is in the process of strengthening its legal and supervisory framework, which includes the creation of an … inspections of company and trust service providers. The aim is to issue regulatory and industry codes that broadly meet the … recommended best practices as contained in the draft Offshore Group of Banking Supervisors’ Statement. …

Singapore’s financial sector, which is dominated by the banking sector, remains robust despite a series of economic …€™s vulnerability to exogenous shocks, including the outbreak of Severe Acute Respiratory Syndrome (SARS). Systemic liquidity is well …

, but further strengthening of the legal and institutional framework is needed. The Financial Services Commission has been …