IMF tightens rules on money laundering surveillance
The International Monetary Fund (IMF) has tightened its rules on the reporting of financial stability risks due to money laundering and terrorist financing (ML/TF).
A new policy document released by the IMF said in future countries will be subject to mandatory surveillance of ML/TF as part of Article IV consultations – but only where these are deemed to undermine domestic or international financial stability.
The IMF gave some guidance to its staff over when to include ML/TF in an Article IV
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