Anti-Money Laundering Legislation definition

Anti-Money Laundering Legislation means (as the context requires) (i) Part II.1 of the Criminal Code (Canada) and the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada), including any guidelines or orders thereunder, (ii) the USA Patriot Act or (iii) any other applicable anti-money laundering, anti-terrorist financing and economic sanction laws of Canada, the United States of America or any other applicable jurisdiction.

Anti-Money Laundering Legislation means all and any anti-money laundering Law of any applicable jurisdiction, including the following if and as they may be applicable to the Businesses by their terms: the Bank Secrecy Act, as amended by the USA PATRIOT Act, and the regulations thereunder, Anti-Money Laundering Directive 2015/849 (E.U.), Anti-Money Laundering Directive 2018/843 (E.U.), The Netherlands Money Laundering and Terrorism Financing Prevention Act (Wet ter voorkoming van witwassen en financiering terrorisme), and Title VI of Book V of the French Monetary and Financial Code.

Anti-Money Laundering Legislation. The Law of 18 September 2017 on prevention use of money laundering and terrorist financing and the limitation of use of cash & the Royal Decree of 7th of October 2013 approving the regulation pursuant to the law of 11 January 1993 on prevention use of the financial system for purpose of money laundering and terrorist financing by diamond dealers who are registered in terms of article 169, §2 of the programme law of 2nd of August 2002.

Examples of Anti-Money Laundering Legislation in a sentence

• Establishment of a VPS account requires verification of identity to the VPS registrar in accordance with the Anti-Money Laundering Legislation.

• Applicants who are not registered as existing customers of the company must verify their identity to the company in accordance with requirements of the Anti-Money Laundering Legislation, unless an exemption is available.

• Establishment of a VPS account requires verification of identification to the VPS registrar in accordance with the Anti-Money Laundering Legislation.

• Establishment of a VPS account requires verification of identity before the VPS registrar in accordance with the Anti-Money Laundering Legislation.

• The Borrowers acknowledge that, pursuant to Anti-Money Laundering Legislation, the Finance Parties may be required to obtain, verify and record information regarding each Obligor, their respective directors, authorized signing officers, direct or indirect shareholders or other persons in Control of such Obligor, and the transactions contemplated by the Finance Documents, and disclose such information to Official Bodies.

More Definitions of Anti-Money Laundering Legislation

Anti-Money Laundering Legislation means the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) and any Law enacted or promulgated by a Governmental Authority which addresses any of the following:

Anti-Money Laundering Legislation means the The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 and any Law enacted or promulgated by a Governmental Authority which addresses any of the following: (i) proceeds of crime; (ii) funding provided to terrorist organizations; and/or (iii) transactions prohibited by government imposed economic sanctions.

Anti-Money Laundering Legislation means (a) anti‑money laundering compliance requirements, including relevant recordkeeping and reporting requirements, such as, in the United States, the Currency and Foreign Transactions Reporting Act of 1970 (also known as the Bank Secrecy Act), as amended, and the regulations of the U.S. Treasury Department’s Financial Crimes Enforcement Network, (b) criminal and other prohibitions on engaging in money laundering or terrorism financing and (c) any related or similar rules, regulations or guidelines issued, administered or enforced by any Governmental Entity.

Anti-Money Laundering Legislation means, collectively, (a) Directive 2005/60/EC of the European Parliament and of the Council of 26 October 2005 on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing, and (b) the UK’s Money Laundering Regulations 2007, as the same may be in force from time to time and modified or amended from time to time;

Anti-Money Laundering Legislation means all applicable anti-money laundering laws and regulations, including but not limited to the Law on Money Laundering and Terrorist Financing Prevention of the Republic of Lithuania.

Anti-Money Laundering Legislation means all legislation, codes of practice and regulations in force in Jersey and/or Guernsey in connection with the prevention of anti-money laundering, countering the financing of terrorism, or combating or preventing any other criminal activity;

Anti-Money Laundering Legislation means the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth)and any Law enacted or promulgated by a Governmental Authority which addresses any of the following: (i) proceeds of crime; (ii) funding provided to terrorist organizations; and/or (iii) transactions prohibited by government imposed economic sanctions.