A draft framework for money laundering/terrorist financing ...

A draft framework FOR. money laundering /TERRORIST. financing . RISK ASSESSMENT OF A REMITTANCE. CORRIDOR. September 2021. Table of Contents Acronyms and Abbreviations .. 3. 5. Overarching Considerations for a Remittance Corridor Risk 8. Objective of a Remittance Corridor Risk Assessment (CRA).. 8. Defining the Scope of the Assessment .. 8. Domestic and International Cooperation ..10. Data Requirements and Sources ..11. National ML/TF Risk Assessment ..11. Assessing the Environment of the Two Countries and Relevant Contextual Factors ..13. Assessment of Threats in the Remittance money laundering Threat ..15. Terrorist financing Threat ..17. Assessment of Vulnerabilities in the Remittance Assessment of Consequences ..24. Conclusions ..28. ANNEX 1. Possible Data and Information Sources for a Corridor Risk 1. Disclaimer This work is a joint product of the staff of the International Monetary Fund (IMF) and the World Bank Group (WBG). The findings, interpretations, and conclusions expressed in this work belong to the authors of the report and do not necessarily reflect the views of the IMF or the WBG, their Boards of Executive Directors, and the governments they represent.

exemptions from the application of certain anti -money laundering/combating the financing of terrorism requirements contemplated by FATF, the authors followed the FATF terminology and used “lower risk” throughout the report. 6 . increased demands for tax transparency , and unclear regulatory expectations and difficulties in ...

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  Money, Financing, Laundering, Money laundering

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