Anti-Money Laundering and Combating the Financing of Terrorism - Inclusion in Surveillance and Financial Stability Assessments - Guidance Note

Date: December 17, 2012
Electronic Access: Full Text

Summary:This note provides guidance on the inclusion of AML/CFT issues in surveillance and financial stability assessments (FSAs). Specifically, it provides a framework for the treatment of cases where money laundering or terrorist financing (ML/TF) and related underlying crimes (i.e., “predicate crimes” or “predicate offenses”) are so serious as to threaten domestic stability, balance of payments stability, the effective operation of the International Monetary System—IMS— (in the case of Article IV surveillance), or the stability of the domestic financial system (in the case of FSAs).

Series : Policy Paper
Subject(s): Anti-money laundering | Combating the financing of terrorism | Balance of payments | Article IV consultations | Surveillance | International monetary system | Money laundering | Financial system stability assessment