ABSTRACT

International Narcotics Control Strategy Report: Volume II: Money Laundering [March 2020]   [open pdf - 2MB]

From the Document: "The 2020 volume on 'Money Laundering' is a legislatively-mandated section of the annual International Narcotics Control Strategy Report (INCSR). [...] The FAA [Foreign Assistance Act of 1961] requires the State Department to produce a report on the extent to which each country or entity that received assistance under chapter 8 of Part I of the Foreign Assistance Act in the past two fiscal years has 'met the goals and objectives of the United Nations Convention Against Illicit Traffic in Narcotic Drugs and Psychotropic Substances' ('1988 UN Drug Convention') (FAA § 489(a)(1)(A)). In addition to identifying countries in relation to illicit narcotics, the INCSR is mandated to identify 'major money laundering countries' (FAA §489(a)(3)(C)). The INCSR also is required to report findings on each country's adoption of laws and regulations to prevent narcotics-related money laundering (FAA §489(a)(7)(C)). This volume is the section of the INCSR that reports on money laundering and country efforts to address it."

Publisher:
Date:
2020-03
Series:
Copyright:
Public Domain
Retrieved From:
U.S. Department of State: https://www.state.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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