Chile : 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:

March 30, 2005

Electronic Access:

Free Full text (PDF file size is 409 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This report assesses the Observance of Standards and Codes on the Financial Action Task Force (FATF) Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) in Chile. Banking secrecy provisions continue to limit the ability of Chile to investigate and disclose potential money laundering offences and, thereby, to provide effective international cooperation through the financial intelligence unit. Provisions are available for mutual legal assistance but they are cumbersome. The expanded AML/CFT regime introduced by Law 19.913 is too recent to permit any conclusions about the effectiveness of its implementation.

Series:

Country Report No. 05/120

Subject:

English

Publication Date:

March 30, 2005

ISBN/ISSN:

9781451807622/1934-7685

Stock No:

1CHLEA2005001

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

12

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