European Parliament Library

Kingdom of the Netherlands-Netherlands :, Detailed Assessment Report on Anti-Money Laundering and Combating the Financing of Terrorism

The Netherlands has a long-standing legal framework concerning Anti-Money Laundering and Combating the Financing of Terrorism preventive measures, which dates back to 1993. The legal framework for Customer Due Diligence is generally adequate; however, a number of provisions are problematic. The Dutch system of preventive measures emphasizes the risk-based approach, complemented by a principles-based approach. The principles-based approach should be better supported with guidance for financial institutions. Although most elements of the Suspicious Transaction Report reporting requirements are in place, the reporting regime has one minor legal shortcoming and raises effectiveness concerns
Table Of Contents
COVER; CONTENTS; ACRONYMS; PREFACE; EXECUTIVE SUMMARY; 1 GENERAL; 1.1 General Information on the Netherlands and Its Economy; 1.2 General Situation of Money Laundering and Financing of Terrorism; 1.2.1 Predicate Offenses; 1.2.2 Money Laundering; 1.2.3 Terrorism and terrorist financing; 1.3 Overview of the Financial Sector; 1.4 Overview of the DNFBP Sector; 1.5 Overview of commercial laws and mechanisms governing legal persons and arrangements; 1.6 Overview of strategy to prevent money laundering and terrorist financing; 1.6.1 AML/CFT Strategies and Priorities
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (335 p.)
Specific Material Designation
Form Of Item

Library Locations

  • EP Library Luxembourg

    Rue du Fort Thüngen, Luxembourg, L-1313, LU
  • EP Library Brussels

    60 rue Wiertz, Brussels, B-1047, BE
  • EP Library Strasbourg

    7 Place Adrien Zeller, Allée du Printemps, Strasbourg, F-67070, FR