Spain : 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:

February 16, 2007

Electronic Access:

Free Full text (PDF file size is 417 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This report examines 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) for Spain. The findings reveal that the Spanish legal framework for combating money laundering and terrorist financing is generally comprehensive. Money laundering offences are broad in scope and easy to apply, according to Spanish prosecutors. Terrorist financing offences are broadly satisfactory, although they do not appear to cover acts of an individual terrorist and collection of funds under certain circumstances.

Series:

Country Report No. 07/70

Subject:

English

Publication Date:

February 16, 2007

ISBN/ISSN:

9781451812268/1934-7685

Stock No:

1ESPEA2007001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

25

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