Description |
1 online resource (257 pages) : illustrations |
Series |
IMF Country Report ; No. 16/43 |
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IMF country report ; no. 16/43
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Summary |
Italy has a mature and sophisticated AML/CFT regime, with a correspondingly well-developed legal and institutional framework. It is nonetheless confronted with a significant risk of money laundering (ML) stemming principally from tax crimes and activities most often associated with organized crime, such as corruption, drug trafficking, and loan sharking. All the main authorities have a good understanding of the ML and terrorist financing (TF) risks, and generally good policy cooperation and coordination. Italy is now developing a nationally coordinated AML/CFT strategy informed by its 2014 national risk assessment (NRA). Law enforcement agencies (LEAs) access, use, and develop good quality financial intelligence. The authorities are able to successfully undertake large and complex financial investigations and prosecutions, and have confiscated very large amounts of proceeds of crime |
Notes |
"February 2016." |
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"Prepared by Legal Department; this Detailed Assessment Report was prepared in the context of an IMF Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) assessment mission in Italy during January 14- 0, 2015, led by Richard Lalonde, IMF and overseen by the Legal Department"--Page 2 of pdf |
Bibliography |
Includes bibliographical references |
Notes |
Online resource; title from pdf title page (IMF Web site, viewed February 19, 2016) |
Subject |
International Monetary Fund -- Italy
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SUBJECT |
International Monetary Fund. fast (OCoLC)fst00556666 |
Subject |
Money laundering -- Italy -- Prevention
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Terrorism -- Economic aspects -- Italy
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Financial risk management -- Italy
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Economic policy.
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Financial risk management.
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Money laundering -- Prevention.
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Terrorism -- Economic aspects.
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SUBJECT |
Italy -- Economic policy
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Subject |
Italy.
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Form |
Electronic book
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Author |
Lalonde, Richard, (IMF staff)
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International Monetary Fund, issuing body
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International Monetary Fund. Legal Department
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ISBN |
1475539371 |
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9781475539370 |
ISSN |
1934-7685 |
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