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Comprehensive Reference Guide to AML/CFT

The World Bank and International Monetary Fund developed a unique Reference Guide to  Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) in an effort to provide practical steps for countries implementing an AML/CFT regime in accordance with international standards.  The Guide, authored by Paul Allan Schott, describes the global problem of money laundering and terrorist financing on the development agenda of individual countries and across regions.  It explains the basic elements required to build an effective AML/CFT legal and institutional framework and summarizes the role of the World Bank and the International Monetary Fund in fighting money laundering and terrorist financing

The primary objective of this joint Bank-Fund project is to ensure that the information contained in the Reference Guide is useful and easily accessible by developing countries that are working to establish and strengthen their policies against money laundering and the financing of terrorism.  Additionally, this Guide is intended to contribute to global understanding of the devastating consequences of money laundering and terrorist financing on development growth, and political stability and to expand the international dialogue on crafting practical solutions to implement effective AML/CFT regimes.

Below is a detailed Table of Contents which links directly to the Guide in English.

Download all in PDF (2.1MB) or Text

PART A: THE PROBLEM AND THE INTERNATIONAL RESPONSE

CHAPTER I

Money Laundering and Terrorist Financing: Definitions and Explanations

CHAPTER II

Money Laundering Impacts Development

CHAPTER III

International Standard Setters

CHAPTER IV 

Regional Bodies and Relevant Groups

PART B: THE ELEMENTS OF AN AML/CFT FRAMEWORK
CHAPTER VLegal System Requirements
CHAPTER VIPreventive Measures
CHAPTER VIIThe Financial Intelligence Unit
CHAPTER VIIIInternational Cooperation
CHAPTER IXCombating the Financing of Terrorism
PART C: ROLE OF THE WORLD BANK AND IMF
CHAPTER XWorld Bank and International Monetary Fund Initiatives to Fight Money Laundering and Terrorist Financing
ANNEXES
ANNEX IWebsites for Key Organizations, Legal Instruments, and Initiatives
ANNEX IIOther Useful Websites and Resources
ANNEX IIIUnited Nations Anti-Terrorist Conventions Referred to in the International Convention for the Suppression of the Financing of Terrorism
ANNEX IVThe Financial Action Task Force Forty Recommendations on Money Laundering and Interpretative Notes
ANNEX VThe Financial Action Task Force Special Recommendations on Terrorist Financing
ANNEX VIInterpretative Notes and Guidance Notes for the Special Recommendations on Terrorist Financing and the Self-Assessment Questionnaire
ANNEX VIICross Reference of the Forty Recommendations to Reference Guide
ANNEX VIIICross Reference of Special Recommendations to Reference Guide



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