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What are the new anti-money laundering laws?

April 26, 2017anti-money laundering Laws

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What are the new anti-money laundering laws?

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10 Posted

The Government has introduced new laws in the Anti-Money Laundering and Counter Terrorism Financing (AML/CTF) Act 2006. The new laws require businesses that provide certain financial services to identify their customers before providing a service and report suspicious transactions.