The Financial Intelligence Centre (Amendment) Bill, 2020

Parliamentary Period: 
Fifth Session of the Twelfth Assembly

An Act to amend the Financial Intelligence Centre Act, 2010 so as to —

(a) re-define the functions of the Centre;
(b) revise the definition of high risk customers in accordance

with international standards;
(c) provide for customer due diligence on wire transfers in

accordance with international standards;
(d) provide a risk management framework for anti-money

laundering requirements;
(e) expand the scope of reporting entities; and
(f) provide for matters connected with or incidental to the foregoing.

Bill Stage: 
First Reading
Second Reading
Committee Stage
Report Stage
Third Reading