Extension of anti-money laundering and countering terrorist financing legislation

Following the negative publicity caused by the release of the Panama Papers and the findings of the subsequent Shewan Report, the Ministry of Justice released a consultation paper on the 17 August 2016 to improve and extend anti money laundering/countering financing of terrorism (AML/CFT) legislation. This consultation paper proposes to expand the coverage of legislation … Continue reading “Extension of anti-money laundering and countering terrorist financing legislation”