Sentences with phrase «on money laundering legislation»

Not exact matches

After a slow and grudging response to the initial revelations, Cameron finally published six years of personal tax returns at the weekend, and for good measure Monday promised new legislation to make companies criminally liable if they fail to stop their employees laundering money on clients» behalf.

ABUJA, March 7 - Nigeria's parliament passed legislation on Wednesday meant to help authorities tackle money laundering and funding for terrorism by allowing its financial intelligence unit to operate free of state control.

FINMA's guidance is related to legal and security concerns surrounding «provisions on combating money laundering and terrorist financing; banking law provisions; provisions on securities trading; and provisions set out in collective investment scheme legislation.»

Most of the restrictions and regulations imposed by this broker on the deposits and withdrawals into and out of its accounts are specifically aimed at making the broker compliant with the anti-terrorism and anti- money laundering legislation.

Urges all Member States to promptly and correctly transpose into their national legislation all existing EU and international legal instruments concerning organised crime, corruption and money laundering; urges Member States and the Commission to complete the Roadmap on the rights of suspects and accused persons in criminal proceedings, including a directive on pre-trial detention;

We need to have legislation to make sure that we don't have money laundering and so on.

«The solicitor's obligations to the court and to uphold the rule of law by adhering to the money - laundering and counter-terrorist financing legislation, as well as our own accounts rules, can be discharged without impacting on privilege,» he says.

While no lawyer was ever affected by the stringent reporting rules in the federal government's money - laundering legislation that some said would turn them into «agents of the state,» last month's unanimous ruling from the Supreme Court of Canada has literally set lawyers apart from other professionals on this front.

Last month, the UK enacted a new legislation in the form of regulations («the Money Laundering, Terrorist Financing and Transfer of funds Regulations 2917 «MLR2017») whereby trustees, whether they be UK or foreign, will have to register and report on their trusts to the UK authorities where there is an exposure to UK tax.

This anti money laundering legislation «applied to the transfer of assets from a person to their ex spouse on divorce.»

The obligatory reporting of transactions suspected to be part of money laundering and drug trafficking was also made part of the legislation in an effort to crack down on use of cryptocurrency as a medium to facilitate illegal financial activities.