Review of the Fund’s Strategy on Anti-Money Laundering and Combating the Financing of Terrorism
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- Review of the Fund’s Strategy on Anti-Money Laundering and Combating the Financing of Terrorism
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Bibliographic details
- Published: February 4, 2019
Summary
- Safeguarding financial integrity is a priority for the international community, including the Fund.
- Money laundering (ML), related predicate crimes, terrorist financing (TF), and the financing of the proliferation of weapons of mass destruction (PF) pose serious threats to the integrity and stability of some countries' financial sector or to external stability and can also threaten the international financial system.
- It is increasingly recognized that effective anti-money laundering and combating the financing of terrorism (AML/CFT) frameworks, and financial integrity more broadly, are key to financial stability.
- Strong AML/CFT policies and measures are therefore crucial to mitigate the attendant threats.
Threats and Systemic Concerns
- ML, predicate crimes, TF, and PF can undermine the integrity and stability of national financial sectors.
- These risks can transmit to external stability and threaten the international financial system.
- Financial integrity and effective AML/CFT frameworks are linked to broader financial stability objectives.
Policy Implications and Priorities
- The Fund treats safeguarding financial integrity as a priority in its operations and policy engagement.
- Efforts to strengthen AML/CFT frameworks should be pursued as part of preserving financial stability.
- Strong AML/CFT policies and measures are necessary to mitigate threats from ML, predicate crimes, TF, and PF.
Publication Details
- Title: Review of the Fund’s Strategy on Anti-Money Laundering and Combating the Financing of Terrorism
- Date: February 4, 2019
- Subjects: Anti money laundering, Money laundering
Review of the Fund’s Strategy on Anti-Money Laundering and Combating the Financing of Terrorism, (USA: International Monetary Fund, ) accessed 9/8/2026
Content in this bundle
- Policy Paper