Money Laundering Legislation definition

Money Laundering Legislation means the Proceeds of Crime Act 2002, the Money Laundering Regulations 2007, the German Money Laundering Act of 2017 and any other Applicable Law relating to money laundering, prevention of terrorism or sanctions.
Money Laundering Legislation. : means the FCA Rules, The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, the Proceeds of Crime Act 2002, the Terrorism (United Nations Measures) Order 2009, the Joint Money Laundering Steering Group's Guidance Notes for the Financial Sector and/or any other applicable money laundering or terrorist financing legislation.

Examples of Money Laundering Legislation in a sentence

  • For business received from overseas countries/territories whose Money Laundering Legislation is not deemed to be comparable with the legislation imposed on the Plan Manager, the Plan Manager reserves the right to request enhanced evidence of identity/address.

  • For business received from overseas countries/ territories whose Money Laundering Legislation is not deemed to be comparable with the legislation imposed on the Plan Manager, the Plan Manager reserves the right to request enhanced evidence of identity/address.

  • Anti Money Laundering Legislation The Money Laundering Regulations include Commercial Estate Agency work and require us to have anti money laundering procedures in place.

  • For the protection of all our clients and in compliance with Money Laundering Legislation, we operate a money laundering reporting procedure.

  • Accordingly, in the event that the REIT experiences a large number of redemptions, the REIT may not be able to satisfy all of the redemption requests in cash.Proceeds of Crime (Money Laundering Legislation) In order to comply with Canadian legislation aimed at the prevention of money laundering, the Trustees may require additional information concerning Unitholders and prospective investors.

  • Anti-Terrorism and Money Laundering Legislation Our bank is subject to the USA Patriot Act, the Bank Secrecy Act, and the requirements of OFAC.

  • By instructing us you agree to provide us with any information and documents that we may require in order to comply with the Money Laundering Legislation.

  • If we are not able to satisfy the necessary procedures and obtain the information and documents we require in order to comply with the Money Laundering Legislation, we cannot act for you, and if (in our discretion) we have started to do so, we will have to cease acting for you.

  • We shall inform you in our Client Care Letter whether the Anti- Money Laundering Legislation applies to you.

  • Our acceptance of your instructions is subject to your complying at all times with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 and any other legislation concerning money laundering (Money Laundering Legislation), including providing us with any information and documents that we may require in order to comply with the Money Laundering Legislation.


More Definitions of Money Laundering Legislation

Money Laundering Legislation means the Proceeds of Crime Act 2002, the Money Laundering, Terrorist Financing and
Money Laundering Legislation means legislation to combat money laundering and terrorism including, but not limited to the Terrorism Act 2000, the Proceeds of Crime Act 2002 and associated regulations to prevent money laundering.
Money Laundering Legislation means the Act of 16 November 2000 on Anti-Money Laundering and Anti-Terrorist Financing.
Money Laundering Legislation means the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 as amended by the Criminal Justice Act 2013 (Amendment of Criminal Justice Money Laundering and Terrorist Financing Act 2010);

Related to Money Laundering Legislation

  • money laundering means the conversion or transfer of property, knowing that such property is the proceeds of crime, for the purpose of concealing or disguising the illicit origin of the property or of helping any person who is involved in the commission of the predicate offence to evade the legal consequences of his or her actions, or the concealment or disguise of the true nature, source, location, disposition, movement or ownership of or rights with respect to property, knowing that such property is the proceeds of crime.

  • Anti-Money Laundering Laws means any and all laws, statutes, regulations or obligatory government orders, decrees, ordinances or rules applicable to a Credit Party, its Subsidiaries or Affiliates related to terrorism financing or money laundering, including any applicable provision of the Patriot Act and The Currency and Foreign Transactions Reporting Act (also known as the “Bank Secrecy Act,” 31 U.S.C. §§ 5311-5330 and 12U.S.C. §§ 1818(s), 1820(b) and 1951-1959).

  • Applicable Anti-Money Laundering Law shall have the meaning assigned to such term in Section 6.11.

  • Money Laundering Laws shall have the meaning ascribed to such term in Section 3.1(gg).

  • Data Protection Legislation means the Data Protection Act 1998, the EU Data Protection Directive 95/46/EC, the Regulation of Investigatory Powers Act 2000, the Telecommunications (Lawful Business Practice) (Interception of Communications) Regulations 2000 (SI 2000/2699), the Electronic Communications Data Protection Directive 2002/58/EC, the Privacy and Electronic Communications (EC Directive) Regulations 2003 and all applicable laws and regulations relating to processing of personal data and privacy, including where applicable the guidance and codes of practice issued by the Information Commissioner;

  • AML Legislation has the meaning assigned to such term in Section 9.19.

  • Bail-In Legislation means, with respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law for such EEA Member Country from time to time which is described in the EU Bail-In Legislation Schedule.

  • Applicable Legislation means any statute of Canada or a province thereof, and the regulations under any such named or other statute, relating to warrant indentures or to the rights, duties and obligations of warrant agents under warrant indentures, to the extent that such provisions are at the time in force and applicable to this Indenture;

  • Protection Legislation means the Data Protection Act 1998, the Data Protection Directive (95/46/EC), the Regulation of Investigatory Powers Act 2000, the Telecommunications (Lawful Business Practice) (Interception of Communications) Regulations 2000, the Electronic Communications Data Protection Directive (2002/58/EC), the Privacy and Electronic Communications (EC Directive) Regulations 2003 and all applicable laws and regulations relating to the processing of personal data and privacy, including where applicable the guidance and codes of practice issued by the Information Commissioner. Expected Transferring Employees means those Host Council Personnel who are reasonably expected by the Host Council to be a Transferring Employee. Future Host Council means any relevant Constituent Authority who provides services which are identical or substantially similar to any of the Host Council Services (directly or indirectly) following the termination or expiry of this Agreement or the termination of the provision of any of the Host Council Services by the Host Council. Host Council Personnel means the individuals employed or engaged by the Host Council or any other person in the provision of the Host Council Services under this Agreement from time to time. Host Council Services means the services to be provided by the Host Council under this Agreement as more particularly described at clause 7. Redundancy Costs means any notice pay (including payment in lieu of notice), holiday pay and statutory and/or contractual redundancy payments. Sub-Contractor means any person to whom the provision of any of the Host Council Services may be sub-contracted by the Host Council. Subsequent Transfer Date means the date on which responsibility for the provision of the Host Council Services, or any part of the Host Council Services, transfers from the Host Council to the Future Host Council.

  • other applicable legislation means any other legislation applicable to municipal supply chain management, including –

  • UK Bail-In Legislation means (to the extent that the United Kingdom is not an EEA Member Country which has implemented, or implements, Article 55 BRRD) Part I of the United Kingdom Banking Act 2009 and any other law or regulation applicable in the United Kingdom relating to the resolution of unsound or failing banks, investment firms or other financial institutions or their affiliates (otherwise than through liquidation, administration or other insolvency proceedings).

  • terrorist act means any actual or threatened use of force or violence directed at or causing damage, injury, harm or disruption, or commission of an act dangerous to human life or property, against any individual, property or government, with the stated or unstated objective of pursuing economic, ethnic, nationalistic, political, racial or religious interests, whether such interests are declared or not. Criminal acts, primarily committed for personal gain and acts arising primarily from prior personal relationships between perpetrator(s) and victim(s) shall not be considered terrorist acts. Terrorist act also includes any act, which is verified or recognised by the (relevant) Government as an act of terrorism.

  • Tax Legislation means, collectively, the Income Tax Act and all federal, provincial, territorial, municipal, foreign, or other statutes, including all treaties, conventions, case law, interpretation bulletins, circulars and releases, rules, regulations, orders, and decrees of any jurisdiction, imposing a tax;