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

Author/Editor:

International Monetary Fund

Publication Date:

June 23, 2005

Electronic Access:

Free Full Text (PDF file size is 422 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This report assesses Observance of Standards and Codes on Financial Action Task Force (FATF) Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) for Israel. Israel has made significant progress in strengthening its regime for AML/CFT since 2000. Overall, a comprehensive legal and institutional framework for AML/CFT is now in place, and Israel complies well with the FATF 40+8 Recommendations. The assessment, nevertheless, identified a number of areas where the regime for AML/CFT could be strengthened, including the need to ensure more consistency among the relevant supervisory authorities in addressing AML/CFT problems.

Series:

Country Report No. 05/211

Subject:

English

Publication Date:

June 23, 2005

ISBN/ISSN:

9781451819588/1934-7685

Stock No:

1ISREA2005003

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

16

Please address any questions about this title to publications@imf.org