Financial Intelligence Act definition

Financial Intelligence Act means the Financial Intelligence Act, 2012 (Act No. 13 of 2012);
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Financial Intelligence Act means the Financial Intelligence Act, 2012 (Act No. 13 of 2012); “focal point” means a focal point established under Security Council Resolution 1730 (2006);
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Financial Intelligence Act means Financial Intelligence Act, 2012 (Act No. 13 of 2012); “fit and proper” means the fit and proper requirements as described in the Annexure;
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Examples of Financial Intelligence Act in a sentence

  • According to the Financial Intelligence Centre Act, 2001 (Act No. 38 of 2001) amendment of schedule 1 of the Financial Intelligence Act, 2001 we do not fall into any of the categories set out in the Act and are therefore not required to confirm the FICA documentation of tenants.

  • In the event of the Purchaser failing to notify the Seller's Conveyancers of any deposit made and to supply documentation necessary for FICA (Financial Intelligence Act 38 of 2001 or Prevention of Organised Crime Act 21 of 1998), the Seller's Conveyancers shall not be liable to account for any loss in interest.

  • Actions were taken against officials, including a member of Cabinet, in several high-profile cases of corruption.Namibia is a member of the Eastern and Southern Africa Anti-Money-Laundering Group (ESAAMLG) and the Financial Intelligence Act provides for anti-money-laundering interventions, inter alia, fast-tracked cross-border asset recovery.

  • The 2009 Financial Intelligence Act provides a comprehensive legal framework to address money laundering and establishes a financial intelligence agency (FIA).

  • See generally USA Patriot Act 2001; The Anti-Money Laundering and Counter-Terrorism Financing Act 2006; Namibian Financial Intelligence Act 2012; South African Financial Intelligence Centre Act 38 of 2001.

  • The Financial Intelligence Act also gives power to officers of Financial Intelligence Centre to analyse any financial transactions – The Financial Intelligence Centre is a member of Egmont Group-body of about 155 Financial Intelligence Units (FIUs).

  • The Policyholder must comply with the requirements of the Financial Intelligence Act of 2001.

  • In terms of the Financial Intelligence Act (FIA), before M&G Investments can enter into any transaction it is mandatory that we obtain and verify certain information from an investor.

  • In the event of the Purchaser failing to notify the Conveyancers of any deposit made and to supply documentation necessary for FICA (Financial Intelligence Act 38 of 2001 or prevention of organised crime act 21 of 1998), the Conveyancers shall not be liable to account for any loss in interest.

  • Section 4,5, 6 and 7 of the Act criminalize offences relating to money laundering.Further the government created the Financial Intelligence Centre through the Financial Intelligence Act No 13 of 201 as the principal institution to combat money laundering and the financing of terrorism activities in collaboration with the other law enforcement agencies.


More Definitions of Financial Intelligence Act

Financial Intelligence Act means the Financial Intelligence Act, 2012 (Act No. 13 of 2012) and any subsequent amendments thereto;
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Related to Financial Intelligence Act

  • Financial Intermediary means a financial intermediary as that term is defined in Rule 22c-2.

  • National Road Traffic Act means the National Road Traffic Act, 1996 (Act 93 of 1996);

  • Consumer reporting agency means any person that, for monetary fees, dues, or on a cooperative nonprofit basis, regularly engages in whole or in part in the practice of assembling or evaluating consumer credit information or other information concerning consumers for the purpose of furnishing consumer credit reports to third parties.

  • international agreement means the Multilateral Convention for Mutual Administrative Assistance in Tax Matters, any bilateral or multilateral Tax Convention, or any Tax Information Exchange Agreement to which the Member State is a party, and that by its terms provides legal authority for the exchange of tax information between jurisdictions, including automatic exchange of such information.

  • Financial Interest means either:

  • SEBI ICDR Regulations means Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended;