Republic of Belarus: Detailed Assessment Report on Anti-Money Laundering and Combating the Financing of Terrorism
IMF Staff Country Reports, June 5, 2007
Source details
- Canonical URL
- Republic of Belarus: Detailed Assessment Report on Anti-Money Laundering and Combating the Financing of Terrorism
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Bibliographic details
- Published: June 5, 2007
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451973693.002
Key findings
- Compliance supervision in Belarus is detailed with a strong culture of onsite examination.
- Two agencies exercise financial intelligence responsibilities.
- Money laundering offenses are investigated and successfully prosecuted.
- Some capacity exists to cooperate internationally.
- The legal framework is incomplete and, in some places, misdirected.
- Legislation criminalizing terrorist financing as a separate offense has not been adopted.
Institutional arrangements and supervision
- Detailed compliance supervision characterized by a strong culture of onsite examination.
- Multiple agencies involved in financial intelligence functions (Two agencies exercise financial intelligence responsibilities).
Enforcement and prosecution
- Money laundering offenses are investigated and successfully prosecuted.
International cooperation
- Some capacity exists to cooperate internationally.
Legal and legislative gaps
- The legal framework is incomplete and, in some places, misdirected.
- Legislation criminalizing terrorist financing as a separate offense has not been adopted.
Content in this bundle
- An assessment of the anti-money laundering