The article assesses Liechtenstein’s AML regime and the the country’s endeavors to improve existing legislation and to implement best practice standards. Some key points presented in the MONEYVAL assessment report published in March 2008 are presented and discussed. The article also touches upon some wider legal framework issues such as that of ’double criminality’ in order to set Liechtenstein and the AML issues discussed into a broader context and to highlight the importance of cross-border issues within international legislation. This article was first published in the May/June Vol. 7 No. 3 edition of ACAMS Today, a publication of the Association of Certified Anti-Money Laundering Specialists(ACAMS) copyright 2008 (www.acams.org). This article was originally published on 01/05/2008.
Full article can be found here.