Regulate informal value transfer systems, such as hawalas.

Please indicate the laws and procedures available to regulate alternative remittance systems, including systems of, or similar to, the kind known as hawala.

Alternative remittance systems

There are no alternate remittance systems.

H. Reports development

The Team makes no distinction between alternative and informal remittance systems for the purposes of this report.

Alternative informal remittance systems

Furthermore, recipient countries might benefit from improvements in their statistics systems since a reliable accounting on remittances might help obtaining better debt ratings.

E. Alternative informal remittance systems

Recueil systématique du droit federal suisse, RS 0.192.120.282.

The exploitation of Alternative Remittance Systems such as trade based money, hawala and NGOs are addressed.

The international community should develop mechanisms to register money transfer services in order to prevent the misuse of informal money transfer systems such as hawala system.

(c) Foreign exchange transactions, inter bank payment systems, transfer of security rights and transfer of economic assets

The new system (PeopleSoft) to be extended to all field offices will include exchange rate verification.

Transfer of money through the hawala system

Technical procedures for the integration of the ESCAP Bibliographic Information System (EBIS) Thesaurus into the UNBIS thesaurus are being developed.

A lexicon is a body of words that describes a domain.

6150 Licence linked with non official foreign exchange

Has this name been circulated to alternative remittance systems?

According to resolution 1455 (2003) reports, the top seven remittance receiving States in 2001, as identified by the World Bank, with the exception of one, were silent on alternative remittances or whether unregistered systems were illegal.

Hurdles in converting informal remittance systems to formal systems through registration or licensing

The electronic Library Management System has been further refined and its thesaurus completed.

System peripheral

In addition, the Division offers direct assistance to countries in their efforts to develop a national plan to build statistical systems for the production and dissemination of timely and reliable data.

47. With respect to remittances, the issuing institutions would require an affidavit and the agencies participating in such remittances would be audited systematically.

Improved control of international banking systems, including wire funds transfers.

(ii) Progressive integration of IMIS with other administrative systems (e.g., e PAS, OPICS SWIFT, the United Nations Bibliographic Information System, Galaxy, Mercury, external vendor systems)

There is little incentive for United Nations system field offices to be more active in developing collaborative activities through pooling of resources.

Generic system peripheral

Systematic reporting and the gathering of crime statistics are improving.

In addition, the current payroll system may still be needed, on a transition basis, for computing payments arising from actions that will take effect before the IMIS payroll implementation date and for retroactive reporting.

A consolidated list of material is also compiled to identify new opportunities for systems contracts or expansion of existing contracts.

They also apply to all systems, whether automated or manual.

The transfer of funds from Mauritania abroad is regulated by Act No. 2004 42, which establishes the procedures for external financial relations and bank reporting.

Unknown system peripheral

The KDE IR Remote Control System

Also, the Federal Reserve Bank has completed the extension of its Automated Clearing House (ACH) system to Mexico, allowing electronic funds transfer at very low costs.

Further, by encouraging remittances through formal systems, alternative remittance system operators will be gradually driven out of business, leaving exposed those who remain to act on behalf of terrorists and other criminals.

The hawala system of the informal economy is not authorized by the country's monetary authorities.

(e) A database management system compiled showing information gained from the survey

1.6 Please outline those provisions and or mechanisms in place that regulate alternative remittance services, such as hawala, that operate in Syria.

High transaction costs reduce the funds received by recipient families and deter the use of formal channels for remittances, keeping these funds outside the formal financial system.

Even after IMIS Releases 3 and 4 implementation, the legacy systems may continue to be needed for reporting and retroactive processing.

The Celestri system would comprise the Celestri LEO system and two other systems also developed by Motorola the Millennium and the M Star systems.

The remittance system of Hawala does not obtain in this jurisdiction.