Publication:
Union of Comoros : Detailed Assessment Report of Anti-Money Laundering and Combatting the Financing of Terrorism

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dc.contributor.authorInternational Monetary Fund
dc.date.accessioned2013-03-14T19:03:41Z
dc.date.available2013-03-14T19:03:41Z
dc.date.issued2010-03
dc.description.abstractThe assessment of the anti-money laundering and combating the financing of terrorism (AML/CFT) system of the Union of the Comoros was based on the 2003 Forty Recommendations and the 2001 Nine Special Recommendations developed by the FATF (Financial Action Task Force). It was prepared according to the 2004 AML/CFT Methodology, as updated in October 2008. The assessment was based on laws, regulations, and other documents provided by the Union of the Comoros, as well as information gathered by the assessment team during its on-site visit of May 6-20, 2009 and following the mission. During the course of its visit, the assessment team met with leaders and representatives from competent governmental agencies and the private sector. The assessment was performed by a team made up of International Monetary Fund (IMF) staff, an expert acting under the supervision of the IMF, and an expert acting under the supervision of the World Bank. The participants in this assessment were Emmanuel Mathias (LEG, mission chief), Chady El Khoury (LEG), Habib Hitti (expert under the supervision of the LEG), and André Cuisset (expert under the supervision of the World Bank). The experts analyzed the institutional framework, laws, regulations, guidelines, and obligations with respect to AML/CFT, as well as the regulatory system or other systems in effect to combat money laundering and terrorist financing within financial institutions and DNFPBs . The adequacy, implementation, and effectiveness of all these mechanisms were also evaluated. This report provides a summary of the AML/CFT measures in effect in the Union of the Comoros on the date of or shortly after the on-site visit. It describes and analyzes these measures, indicates the level of the Union of the Comoros compliance with the 40 + 9 FATF Recommendations (See Table 1), and makes recommendations on measures to be taken to strengthen certain aspects of the systemen
dc.identifierhttp://documents.worldbank.org/curated/en/2010/03/16447465/union-comoros-detailed-assessment-report-anti-money-laundering-combatting-financing-terrorism
dc.identifier.doi10.1596/12735
dc.identifier.urihttps://hdl.handle.net/10986/12735
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectABDUCTION
dc.subjectABUSE
dc.subjectABUSES
dc.subjectACCOUNTING
dc.subjectADMINISTRATIVE SANCTIONS
dc.subjectANTI-MONEY LAUNDERING
dc.subjectARMED FORCES
dc.subjectASSET MANAGEMENT
dc.subjectASSETS
dc.subjectATTACKS
dc.subjectBANK CREDITS
dc.subjectBANKING SERVICES
dc.subjectBANKING SYSTEM
dc.subjectBANKS
dc.subjectBASIC SERVICES
dc.subjectBOMBING
dc.subjectBOMBINGS
dc.subjectBUSINESSMEN
dc.subjectCC
dc.subjectCHAMBER OF COMMERCE
dc.subjectCIVIL RIGHTS
dc.subjectCIVIL SERVANTS
dc.subjectCOMBAT
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMERCIAL LAW
dc.subjectCOMMERCIAL TRANSACTIONS
dc.subjectCOMPLAINT
dc.subjectCONSPIRACY
dc.subjectCONSTITUTIONAL COURT
dc.subjectCORPORAL PUNISHMENT
dc.subjectCORRUPTION
dc.subjectCOUNSEL
dc.subjectCOUNTERFEITING
dc.subjectCOUNTERTERRORISM
dc.subjectCOURT
dc.subjectCOURTS
dc.subjectCRIME
dc.subjectCRIMES
dc.subjectCRIMINAL
dc.subjectCRIMINAL ACTIVITIES
dc.subjectCRIMINAL ACTIVITY
dc.subjectCRIMINAL CASES
dc.subjectCRIMINAL CODE
dc.subjectCRIMINAL LAW
dc.subjectCRIMINAL LIABILITY
dc.subjectCRIMINAL OFFENSE
dc.subjectCRIMINAL PROCEDURE
dc.subjectCRIMINAL SANCTIONS
dc.subjectCRIMINAL STATISTICS
dc.subjectCRIMINALITY
dc.subjectCRIMINALIZATION
dc.subjectCRIMINALS
dc.subjectCUSTOMARY LAW
dc.subjectDEBIT CARDS
dc.subjectDEPOSITS
dc.subjectDEVELOPMENT BANK
dc.subjectDOCUMENTS
dc.subjectDRUG TRAFFICKING
dc.subjectDUE DILIGENCE REQUIREMENTS
dc.subjectECONOMIC BENEFITS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectEXCHANGE CONTROL
dc.subjectEXCLUSION
dc.subjectEXPLOITATION
dc.subjectEXPLOSIVES
dc.subjectEXTORTION
dc.subjectEXTRADITION
dc.subjectFINANCE COMPANIES
dc.subjectFINANCIAL CRIMES
dc.subjectFINANCIAL INSTITUTION
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL INTELLIGENCE
dc.subjectFINANCIAL INTELLIGENCE UNIT
dc.subjectFINANCIAL MARKET
dc.subjectFINANCIAL SYSTEM
dc.subjectFINANCIAL SYSTEMS
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN INVESTMENTS
dc.subjectFORGERY
dc.subjectFRAUD
dc.subjectHOSTAGE
dc.subjectHOSTAGES
dc.subjectHOUSES
dc.subjectIMPRISONMENT
dc.subjectINFLUENCE PEDDLING
dc.subjectINITIATIVE
dc.subjectINSURANCE
dc.subjectINSURANCE POLICIES
dc.subjectINTERNATIONAL COMMUNITY
dc.subjectINTERNATIONAL COOPERATION
dc.subjectINTERNATIONAL FINANCE
dc.subjectINTERNATIONAL NETWORKS
dc.subjectINTERNATIONAL TERRORISM
dc.subjectINVESTIGATION
dc.subjectINVESTIGATIONS
dc.subjectINVESTMENT BANK
dc.subjectISLAMIC LAW
dc.subjectJUDGES
dc.subjectJUDICIARY
dc.subjectJUSTICE
dc.subjectKIDNAPPING
dc.subjectLABORATORIES
dc.subjectLAW ENFORCEMENT
dc.subjectLAWS
dc.subjectLAWYER
dc.subjectLAWYERS
dc.subjectLEGAL ADVICE
dc.subjectLEGAL ASSISTANCE
dc.subjectLEGAL ENTITIES
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGISLATION
dc.subjectLEGISLATIONS
dc.subjectLIABILITY
dc.subjectLIFE SENTENCE
dc.subjectLIMITED PARTNERSHIPS
dc.subjectLOAN
dc.subjectMALFEASANCE
dc.subjectMEDIA
dc.subjectMFI
dc.subjectMICROCREDIT
dc.subjectMICROFINANCE
dc.subjectMICROFINANCE INSTITUTION
dc.subjectMICROFINANCE INSTITUTIONS
dc.subjectMINISTER
dc.subjectMINISTERS
dc.subjectMONEY LAUNDERING
dc.subjectMONEY MANAGEMENT
dc.subjectMONEY ORDERS
dc.subjectMONEY TRANSFER
dc.subjectMONEY TRANSFERS
dc.subjectMORTGAGE
dc.subjectMORTGAGE LOANS
dc.subjectMURDER
dc.subjectMUTUAL LEGAL ASSISTANCE
dc.subjectNONPROFIT ORGANIZATIONS
dc.subjectNOTARIES
dc.subjectNUCLEAR MATERIAL
dc.subjectNUCLEAR MATERIALS
dc.subjectNUCLEAR TERRORISM
dc.subjectOFFENSE
dc.subjectOFFENSES
dc.subjectPENAL CODE
dc.subjectPENALTIES
dc.subjectPENALTY
dc.subjectPHYSICAL PROTECTION
dc.subjectPLASTIC EXPLOSIVES
dc.subjectPOLICE
dc.subjectPOLICE OFFICER
dc.subjectPOLICE OFFICERS
dc.subjectPREJUDICE
dc.subjectPRIORITIES
dc.subjectPRISON
dc.subjectPRISONERS
dc.subjectPRIVATE INVESTMENT
dc.subjectPROPERTY RIGHTS
dc.subjectPROSECUTIONS
dc.subjectPROSECUTOR
dc.subjectRACKETEERING
dc.subjectREAL ESTATE
dc.subjectREMITTANCE
dc.subjectREMITTANCES
dc.subjectRESIDENCE
dc.subjectROBBERY
dc.subjectSANCTIONS
dc.subjectSAVINGS
dc.subjectSECURITIES
dc.subjectSENIOR GOVERNMENT OFFICIALS
dc.subjectSMUGGLING
dc.subjectTAX INCENTIVES
dc.subjectTERRORISM
dc.subjectTERRORISM FINANCING
dc.subjectTERRORIST
dc.subjectTERRORIST ACT
dc.subjectTERRORIST ACTS
dc.subjectTERRORIST FINANCING
dc.subjectTERRORIST GROUP
dc.subjectTERRORIST GROUPS
dc.subjectTERRORIST ORGANIZATIONS
dc.subjectTERRORISTS
dc.subjectTHEFT
dc.subjectTHREAT
dc.subjectTHREATS
dc.subjectTRANSPARENCY
dc.subjectTRANSPORTATION
dc.subjectUNION
dc.subjectUNIONS
dc.subjectVILLAGE
dc.subjectVIOLENCE
dc.subjectWARNING
dc.subjectWEAPON
dc.subjectWEAPONS
dc.subjectWILL
dc.titleUnion of Comoros : Detailed Assessment Report of Anti-Money Laundering and Combatting the Financing of Terrorismen
dspace.entity.typePublication
okr.crosscuttingsolutionareaGender
okr.crosscuttingsolutionareaFragility, Conflict, and Violence
okr.date.disclosure2012-06-29
okr.date.doiregistration2025-05-07T12:31:46.535002Z
okr.doctypeEconomic & Sector Work::Country Financial Accountability Assessment
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2010/03/16447465/union-comoros-detailed-assessment-report-anti-money-laundering-combatting-financing-terrorism
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.guid297031468032088981
okr.identifier.externaldocumentum000425970_20120629095218
okr.identifier.internaldocumentum16447465
okr.identifier.report70701
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/06/29/000425970_20120629095218/Rendered/PDF/707010ESW0P1160uation0Detail0Report.pdfen
okr.region.administrativeAfrica
okr.region.countryComoros
okr.sectorPublic Administration, Law, and Justice
okr.sectorFinance
okr.themeRule of law
okr.topicGender::Gender and Law
okr.topicCorruption and Anticorruption Law
okr.topicInternational Terrorism and Counterterrorism
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicPublic Sector Corruption and Anticorruption Measures
okr.topicPublic Sector Development
okr.topicLaw and Development
okr.topicConflict and Development
okr.unitFinancial Market Integrity (FFSFI)
okr.volume1 of 1
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