Andorra Hotel Link Submit
WTO Section of the 2004 Annual Report of the President - US Department of State
services, and tourism and hotel services. In addition, the U.S. submitted proposals ... group, in 2004 Canada submitted six elaborated proposals and Australia submitted ... While offers are submitted to the Council for Trade in Services in Special Session ... [Read More]
International Narcotics Control Strategy Reports
US DEPARTMENT OF STATEBUREAU OF INTERNATIONAL NARCOTICS MATTERSINTERNATIONAL NARCOTICS CONTROL STRAGEGY REPORTAPRIL 1994FINANCIAL CRIMES AND MONEY LAUNDERING1994 INTERNATIONAL NARCOTICS CONTROL STRATEGY REPORTINTERNATIONAL MONEY LAUNDERINGOVERVIEWIntelligence findings from North and South America, Eastern and Western Europe, South and East Asia, Africa and the Middle East confirm that another significant shift has occurred in money laundering trends and methods, requiring changes in policy and strategy for 1994.The critical aspects are the volume of non-drug related money laundering; increased investment of illegal proceeds in legitimate business, including the financial industry; and the targeting of financial systems in countries/territories (some with little or no domestic involvement in drug trading or other serious proceeds-generating crimes) to launder drug and other proceeds generated by crimes committed in other jurisdictions.In 1988, when the United Nations Convention was ... [Read More]
M) Money Laundering and Financial Crimes
Since September 11, 2001, Swiss authorities have been alerting Swiss banks and non-bank financial intermediaries to check their records and accounts against lists of persons and entities with links to terrorism. The accounts of these individuals and entities are to be reported to the Ministry of Justice as suspicious transactions. Based on the “State Security” clause of the Swiss Constitution, the authorities have ordered banks and other financial institutions to freeze assets of organizations and individuals designated by UN 1267 Sanctions Committee. In 2001, the MROS was notified a record 417 times of suspicious transactions, according to its annual report published in May 2002. This marks a 34 percent increase over the previous year’s 311 notifications. The MROS blocked a record $1.8 billion (SFr. 2.73 billion) during 2001, compared to $436 million (SFr. 656 million) during 2000. Five international cases account for more than $1.3 billion (SFr. 2 billion) in assets blocked during 20 ... [Read More]
Country Reports: G-M
Gabon Gabon is not a regional financial center. The Bank of Central African States (BEAC) supervises Gabon’s banking system. BEAC is a regional Central Bank that serves six countries of Central Africa. According to a 2003 letter from the Government of Gabon (GOG) to the UN Counter Terrorism Committee, in matters concerning suspicious financial transactions, banks are bound by the instructions of the Ministry of Economic and Financial Affairs. The actual monitoring of financial transactions is conducted by the Economic Intervention Service that harmonizes the regulation of currency exchanges in the member States of the Central African Economic and Monetary Community (CEMAC). On November 20, 2002, the BEAC Board of Directors approved draft anti-money laundering a ... [Read More]
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