British Virgin Islands: Detailed Assessment Report on Anti-Money Laundering and Combating the Financing of Terrorism

February 27, 2024

Preview Citation

Format: Chicago

British Virgin Islands: Detailed Assessment Report on Anti-Money Laundering and Combating the Financing of Terrorism, (USA: International Monetary Fund, 2024) accessed November 13, 2024

Summary

This report summarizes the anti-money laundering/combating the financing of terrorism (AML/CFT) measures in place in the Virgin Islands (VI) as at the date of the onsite visit of March 15–30, 2023. It analyses the level of compliance with the Financial Action Task Force (FATF) 40 Recommendations and the level of effectiveness of VI’s AML/CFT system and provides recommendations on how the system could be strengthened.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Crime, Drug trafficking, International cooperation, International organization, Monetary policy, National accounts, Private investment

Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), Asia and Pacific, Caribbean, Case study drug trafficking case involving ML, Drug trafficking, Due diligence, Financial services commission Act, Forfeiture management committee, Global, International cooperation, ML investigation, Private investment, South America, Terrorist Financing code of practice, TF risk

Publication Details

Pages:

331
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2024/055
Stock No:

1VGBEA2024001
ISBN:

9798400268281
ISSN:

1934-7685

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