Kuwait : Detailed Assessment Report on Anti-Money Laundering and Combating the Financing of Terrorism
Release Date: © September, 2011
ISBN
: 978-1-46390-232-2
Stock #: 1KWTEA2011005
English
Stock Status: On back-order
Languages and formats available
English | French | Spanish | Arabic | Russian | Chinese | Portuguese | |
Paperback | Yes | ||||||
Yes | |||||||
ePub | Yes | ||||||
Mobipocket | Yes |
Description
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.
Taxonomy
Anti-money laundering , Capital markets , Economic sectors , Financial institutions and markets , Insurance , International financial system , Legislation , Private sector , Securities markets
More publications in this series: IMF Staff Country Reports