Amendment Of The Money Laundering And Terrorism Financing Risk Regulation

Original Language Title: Änderung der Geldwäscherei- und Terrorismusfinanzierungsrisiko-Verordnung

Read the untranslated law here: http://www.ris.bka.gv.at/Dokumente/BgblAuth/BGBLA_2013_II_267/BGBLA_2013_II_267.html

267. Regulation of the financial market authority (FMA), which amends the money laundering and terrorism financing risk regulation

On the basis of § 40b para. 1 of the law on banking - Banking Act, Federal Law Gazette No. 532/1993, as last amended by Federal Law Gazette I no. 184/2013, and 98d para 1 of the insurance supervision Act - VAG, BGBl. No. 569/1978, as last amended by Federal Law Gazette I no. 184/2013, is with the consent of the Federal Minister of finance prescribed:

The regulation of the financial market authority (FMA) on further cases of increased money laundering or terrorism financing risk (money laundering and terrorism financing risk regulation - GTV), Federal Law Gazette II No. 377/2011, as last amended by regulation Federal Law Gazette II No. 126/2013, is amended as follows:

Section 2, paragraph 2 reads:

"(2) States that in any case where an increased risk of money laundering or terrorism financing, are 1 Islamic Republic of Iran, 2. Democratic People's Republic of Korea, 3. Republic of Ecuador, 4th democratic Federal Republic of Ethiopia, 5. Indonesia, 6 Republic of Kenya, 7 Republic of the Union of Myanmar, 8 Islamic Republic of Pakistan, 9 Democratic Republic São Tomé and Príncipe, 10 Arab Republic Syria, 11 United Republic of Tanzania, 12 Republic of Turkey" "That 13-Socialist Republic of Vietnam, 14 Republic of Yemen and 15 Republic Somalia."

Ettl Kumpf Müller