TY  - BOOK
AU  - Kyriakos-Saad,Nadim
AU  - Vasquez,Manuel
AU  - El Khoury,Chady
AU  - El Murr,Arz
ED  - International Monetary Fund.
TI  - Islamic finance and anti-money laundering and combating the financing of terrorism (AML/CFT)
T2  - IMF Working Paper
SN  - 9781513541174
SN  - 1018-5941
AV  - KBP940.2 
U1  - 346.167082 23
PY  - 2016///
CY  - [Washington, D.C]
PB  - International Monetary Fund, Legal Department
KW  - Finance
KW  - Islamic countries
KW  - Religious aspects
KW  - Money laundering
KW  - Terrorism
KW  - Finances
KW  - Pays musulmans
KW  - Aspect religieux
KW  - Blanchiment de l'argent
KW  - Terrorisme
KW  - LAW / Administrative Law & Regulatory Practice
KW  - bisacsh
KW  - fast
KW  - Electronic books
N1  - "February 2016."; Includes bibliographical references (page 12)
N2  - "The money laundering (ML) and terrorist financing (TF) risks associated with conventional finance are generally well identified and understood by the relevant national authorities. There is, however, no common understanding of ML/TF risks associated with Islamic finance. Some are likely to be the same as in conventional finance, but there may also be different risks. This is notably due to: (i) the complexity of some Islamic finance products; and (ii) the nature of the relationship between the institutions and their clients. The limited capacity and experience in the supervision of Islamic finance, especially in jurisdictions that face higher ML/TF risk factors represents an additional vulnerability. The Financial Action Task Force (FATF) standards are implemented without any form of tailoring to the specificities of Islamic finance. The FATF, the Islamic finance standard-setters, and the national regulators should seek a greater understanding of the specific ML/TF risks that may arise in Islamic finance and develop an appropriate response."--Abstract
UR  - https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1254491
ER  -