Laws Strengthened to Tackle Money Laundering
The House of Representatives has approved amendments to address deficiencies in the existing laws to tackle money laundering and to ensure compliance with international anti-money laundering standards and treaty obligations. The relevant laws include the 'Bank of Jamaica Act', the 'Banking Act', the 'Financial Institutions Act' and the 'Building Societies Act'. Piloting the Bills in the House yesterday (October 12),...


