IMF staff regularly produces papers proposing new IMF policies, exploring options for reform, or reviewing existing IMF policies and operations. The following documents have been released and are included in this package: The Staff Report on the Review of the Fund’s Strategy on Anti-Money Laundering and Combating the Financing of Terrorism, was prepared by IMF […]

Former chief of the International Monetary Fund, Rodrigo Rato, is under investigation for money laundering, government sources have told Spanish daily El Pais. According to the newspaper, the Spaniard – a former finance minister – applied for a 2012 tax amnesty. This was legal, however, online publication Vozpopuli claims he ‘cleaned’ the ‘dirty’ money outside […]

The International Monetary Fund (IMF) has published a review of recent developments in anti-money laundering and combating the financing of terrorism and discussed proposals for the IMF’s future strategy in these areas. Copies of the review http://www.imf.org/external/np/pp/eng/2014/022014a.pdf and related press release  http://www.imf.org/external/np/sec/pr/2014/pr14167.htm

Panama breaches international guidelines to prevent money laundering and terrorism financing, according to an evaluation of the International Monetary Fund (IMF) that worries experts. The IMF found that of the 40 recommendations of the Financial Action Task Force to combat these crimes, Panama complied fully with one, applied three broadly, 23 partially and 13 not […]