Kuwait : Detailed Assessment Report on Anti-Money Laundering and Combating the Financing of Terrorism

Author/Editor:

International Monetary Fund

Publication Date:

September 1, 2011

Electronic Access:

Free Full text (PDF file size is 2063 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

In this study, the general situation of money laundering and financing of terrorism is discussed. In addition, the followings are overviewed: financial sector, DNFBP sector, commercial laws and mechanisms governing legal persons, and strategy to prevent money laundering and terrorist financing. A legal framework and criminalization of financing of terrorism are also given. Confiscation, freezing, and seizing are explained under the legal framework. Various preventive measures used are also discussed in this paper. Financial institution secrecy and confidentiality are also outlined.

Series:

Country Report No. 11/268

Subject:

English

Publication Date:

September 1, 2011

ISBN/ISSN:

9781463902322/1934-7685

Stock No:

1KWTEA2011005

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

249

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