Act 2007
Proceeds of Crime Act, 2007
Issued by Financial Investigations Division
Plain-English summary
Provides for confiscation, forfeiture and pecuniary penalty orders against proceeds of crime, civil recovery and cash recovery, and creates money laundering offences (Part V, ss. 91-102), including non-disclosure by persons in the regulated sector (ss. 94-95). The BOJ and FID legislation pages list amendments in 2009, 2010, 2013, 2016 and 2019, and the FID Act sits alongside it.
Who it applies to
All industries
Topics
AML / CFT / Sanctions
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