Liechtenstein

Abstract

Cover -- Contents -- Acronyms -- Preface -- Executive Summary -- 1. KEY FINDINGS -- 1.1. Legal Systems and Related Institutional Measures -- 1.2. Preventive Measures-Financial Institutions -- 1.3. Preventive Measures-Designated Nonfinancial Businesses and Professions -- 1.4. Legal Persons and Arrangements and Nonprofit Organizations -- 1.5. National and International Cooperation -- 2. GENERAL -- 2.1. General Information on Liechtenstein -- 2.2. Structural elements for an effective AML/CFT system -- 2.3. General Situation of Money Laundering and Financing of Terrorism -- 2.4. Money Laundering -- 2.5. Terrorism financing -- 2.6. Overview of the Financial Sector -- 2.7. Overview of the DNFBP Sector -- 2.8. Overview of Commercial Laws and Mechanisms Governing Legal Persons and Arrangements -- 2.9. Overview of Strategy to Prevent Money Laundering and Terrorist Financing -- 3. Legal System and Related Institutional Measures -- 3.1. Criminalization of Money Laundering (R1 rated PC in third round MER) -- 3.1.1. Description and Analysis -- 3.1.2. Recommendations and Comments -- 3.1.3. Compliance with Recommendation 1 -- 3.2. Criminalization of Terrorist Financing (SR.II rated PC in Third Round MER) -- 3.2.1. Description and Analysis -- 3.3. Criminalization of Financing of Terrorism (c. II.1) -- 3.3.1. Recommendations and Comments -- 3.3.2. Compliance with Special Recommendation II -- 3.4. Confiscation, Freezing, and Seizing of Proceeds of Crime (R.3 rated LC in the third round MER) -- 3.4.1. Description and Analysis -- 3.4.2. Recommendations and Comments -- 3.4.3. Compliance with Recommendation 3 -- 3.5. Freezing of Funds Used for Terrorist Financing (SR.III rated PC in the third round MER) -- 3.5.1. Description and Analysis -- 3.5.2. Recommendations and Comments -- 3.5.3. Compliance with Special Recommendation III.