Archive for the ‘International News’ Category
09.09.09 Proposed amendments to Jersey’s Anti-Money Laundering Legislation
The Jersey Financial Services Commission has published a consultation paper concerning proposed amendments to the ‘Money Laundering (Jersey) Order 2008’. The Money Laundering (Jersey) Order 2008’ requires Regulated businesses to apply policies and procedures for the prevention and reporting of money laundering. These include policies and procedures for customer due diligence, ...
04.09.09 Netherlands Concludes TIEAs With Caribbean Islands
In a further tightening of the net for international tax evasion, the Netherlands Ministry of Finance has announced the signing of tax information exchange agreements (TIEAs) with three Caribbean territories. The agreements with St Kitts and Nevis, and the TIEAs with Antigua and Barbuda and St Vincent and the Grenadines, were ...
25/02/09 India poised to have FATF entry approved
New Delhi: A Bill aimed at effectively combating money-laundering, terror financing and cross-border economic offences was passed by Parliament on Tuesday, with the Lok Sabha approving the measure. The Prevention of Money Laundering (Amendment) Bill, 2009, passed by the Rajya Sabha last week, seeks to ensure a legal framework to check ...
25/02/09 Garda fraud officers continue Anglo probe
THE Garda Fraud Squad raid on the offices of Anglo Irish Bank was unprecedented and could lead to criminal prosecutions, according to legal experts. On Monday, a judge in Dublin's District Court granted officers from the Garda Fraud Squad permission to enter three separate premises of Anglo Irish Bank and take ...
