Description

Globalization requires enhanced information flows among financial regulators. Standard-setting bodies for financial sector regulation provide extensive guidance, but financial sector assessments have often found that problems in cooperation and information exchange continue to constrain cross-border supervision and financial integrity oversight. In July 2004, the IMF organized a conference on cross-border cooperation for standard setters, financial intelligence units (FIUs), and financial regulatory agencies. This book brings together conference papers in which participants discuss: information exchange for an effective anti–money laundering/combating the financing of terrorism (AML/CFT) regime, in terms of both standards and practices; the standards for cooperation in the insurance sector; and the experiences of regulators from banking, securities, and unified regulatory agencies with international cooperation. The book also includes papers providing a general overview of international standards and their implementation and, on the basis of survey results, of practices among financial sector regulators and FIUs.

People who purchased this product also purchased

Exchange Rate Analysis in Support of IMF Surveillance : A Collection of Empirical Studies ($37.50)

Fiscal Policy Formulation and Implementation in Oil-Producing Countries ($37.00)

IEO Evaluation of Exchange Rate Policy ($25.00)

Taxonomy

Anti-money laundering , Bank regulations , Banks and banking , Economic cooperation , Financial institutions and markets , Globalization , International financial system

More publications in this series: Seminar Volumes