Report of The Committee on Legal Affairs, Governance, Human Rights And Gender Matters on The Prohibition And Prevention Of Money Laundering (Amendment) Bill, N.A.B. No. 38 of 2010

Parliamentary Period: 
Fifth Session of the Tenth Assembly
Report: 
PDF icon REPORT - PROHIBITION AND PREVENTION OF MONEY LAUNDERING Bill No 38 of 2010.pdf

Report Summary

The objects of the Prohibition and Prevention of Money Laundering (Amendment) Bill are to:

(a)        repeal the provisions relating to the disclosure of information of suspicion of money laundering by supervisory authorities and reporting entities;

(b)        re-define the functions of the Anti-Money Laundering Investigations Unit; and

(c)        provide for matters connected with, or incidental to the foregoing.