Meeting FATF Standards: Amendments brought by The Anti-Money Laundering and Combatting the Financing of Terrorism and Proliferation (Miscellaneous Provisions) Act 2024
The Anti-Money Laundering and Combatting the Financing of Terrorism and Proliferation (Miscellaneous Provisions) Act 2024 introduces amendments to key legislations including the Financial Intelligence and Anti-Money Laundering Act, the Financial Crimes Commission Act, the Companies Act, etc, aimed at aligning national standards with the Financial Action Task Force (FATF) guidelines.
More details soon!