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

Author/Editor:

International Monetary Fund. Legal Dept.

Publication Date:

January 8, 2013

Electronic Access:

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Summary:

The Georgian antimoney laundering (AML) and combating the financing of terrorism (CFT) regime has significantly improved since 2007. However, technical deficiencies, poor implementation, and limited resources undermine the effectiveness of the financial intelligence unit (FIU) and AML/CFT supervision. The country has a comprehensive legal framework in place criminalizing both ML and FT as autonomous offenses and no shortcomings have been identified. It has also established a framework to implement the relevant United Nations Security Council Resolutions (UNSCRs).

Series:

Country Report No. 13/4

Subject:

English

Publication Date:

January 8, 2013

ISBN/ISSN:

9781475529982/1934-7685

Stock No:

1GEOEA2013001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

467

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