Combating Money Laundering and the Financing of Terrorism

Developed to support the World Bank's Capacity Enhancement Program on Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT), this title offers countries the tools, skills and knowledge to build and strengthen their institutional, and regulatory frameworks for developing a robust AML/CFT regime. Combating Money Laundering and the Financing of Terrorism has been developed by the Financial Market Integrity Unit of the World Bank to support the World Bank's Capacity Enhancement Program on Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT). The guide is comprised of the following eight Modules: Effects on Economic Development and International Standards; Legal Requirements to meet International Standards; Regulatory and Institutional Requirements; Compliance Requirements for Financial Institutions; Building an Effective Financial Intelligence Unit; Domestic (inter-agency) and International Cooperation; Combating the Financing of Terrorism; and, Investigating Money Laundering and Terrorist Financing. The program offers countries the tools, skills and knowledge to build and strengthen their institutional, and regulatory frameworks for developing a robust AML/CFT regime.