Countries

AML/CTF compliance in the Bahamas WHAT ARE THE Money laundering and terrorism financing laws in the Bahamas? In the Bahamas, money laundering and terrorism financing are treated extremely seriously and are regulated by the following laws: Proceeds of Crime Act, 2000 (POCA): This Act contains specific measures against money laundering, including the definition of money…

AML/CTF compliance in British Virgin Islands WHAT ARE THE Money laundering and terrorism financing laws in British Virgin Islands? Money Laundering Regulations in the British Virgin Islands:  Proceeds of Criminal Conduct Act (PCCA): The PCCA is the primary legislation in the British Virgin Islands related to money laundering. It establishes the legal framework for the…

AML/CTF compliance in Cyprus WHAT ARE THE Money laundering and terrorism financing laws in Cyprus? In Cyprus, money laundering and terrorism financing are serious offences and are governed by several organisations and laws: Prevention of Money Laundering Law (2007): Cyprus has legislation in place to combat money laundering, primarily governed by the Prevention and Suppression…

AML/CTF compliance in Malta WHAT ARE THE Money laundering and terrorism financing laws in Malta? Money Laundering Regulations in Malta: Prevention of Money Laundering Act (PMLA): Malta’s primary legislation related to money laundering is the Prevention of Money Laundering Act (PMLA), which has undergone several amendments and updates over the years. This law establishes the…

AML/CTF compliance in Gibraltar WHAT ARE THE Money laundering and terrorism financing laws in Gibraltar? Money Laundering Regulations in Gibraltar: Proceeds of Crime Act 2015 (POCA): Gibraltar’s main legislation related to money laundering is the Proceeds of Crime Act 2015. This law outlines the legal framework for preventing and combating money laundering activities. It establishes…

AML/CTF compliance in Jersey WHAT ARE THE Money laundering and terrorism financing laws in Jersey? Money Laundering Regulations in Jersey:  Proceeds of Crime (Jersey) Law 1999: The Proceeds of Crime (Jersey) Law 1999 is Jersey’s primary legislation for combating money laundering. This law establishes the legal framework for the prevention and detection of money laundering…

AML/CTF compliance in Guernsey WHAT ARE THE Money laundering and terrorism financing laws in Guernsey? Money Laundering Regulations in Guernsey: The Criminal Justice (Proceeds of Crime) (Bailiwick of Guernsey) Law, 2017: This law is the primary legislation in Guernsey for combating money laundering. It outlines the legal framework for the prevention and detection of money…

AML/CTF compliance in Samoa WHAT ARE THE Money laundering and terrorism financing laws in Samoa? Samoa has implemented the Anti-Money Laundering and Counter Terrorist Financing (AML/CTF) National Strategy 2016-2020 as its national strategy to combat money laundering and terrorist financing. WHAT ARE THE Key obligations reporting entities have under Samoans laws? The key obligations that…

AML/CTF compliance in Sri Lanka WHAT ARE THE Money laundering and terrorism financing laws in Sri Lanka? These laws provide the legal framework for identifying, reporting, and preventing money laundering and terrorism financing activities in Sri Lanka. They also outline the penalties for non-compliance. Conventions on the Suppression of Terrorist Financing Act No 25 of…

AML/CTF compliance in Bangladesh WHAT ARE THE Money laundering and terrorism financing laws in Bangladesh? In Bangladesh, money laundering and terrorism financing are serious offenses and are governed by the following laws: Money Laundering Prevention Act, 2012 and Anti-Terrorism Act, 2009. The objective of the Money Laundering Prevention Act, 2012 and the Anti-Terrorism Act, 2009…