Amendments To The Proceeds Of Money Laundering And Terrorist Financing Prevention Act

Original Language Title: Grozījumi Noziedzīgi iegūtu līdzekļu legalizācijas un terorisma finansēšanas novēršanas likumā

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The Saeima has adopted and the President promulgated the following laws: amended Criminal money laundering and terrorist financing Prevention Act, to make the Crime of money laundering and terrorist financing Prevention Act (the Saeima of the Republic of Latvia and the Cabinet of Ministers rapporteur, 2008, no. 16; 2009, no. 2; Latvian journal, 2009, 196, 205. no; 2011, 60 no; in 2012, 100 no; 2013, 187, 227. no; 2014, 172, 257. No.) the following amendments: 1. Express article 43 second paragraph as follows: "(2) If a credit institution or financial institution article 28 of this law in the second part of the cases on its own initiative, shall terminate the business relationship with the client, the client's account, a credit institution or financial institution in those existing funds in accordance with the customer's instructions to the customer the same billing account in another credit institution, to the account from which the funds were received in advance , or paid in cash, if the customer does not have a checking account at another credit institution or it is not possible to make a wire transfer to the account from which the funds were received in advance. If there is suspicion of criminal money laundering or terrorist financing, a credit institution or financial institution shall notify the control service in accordance with article 30 of the law on those rules. If a credit institution or financial institution has reason to refrain from transaction accounts, funds or odd, but act according to this law, article 32 of the rules. " 2. Article 51: Supplement to the first part of paragraph 14 by the following: "14) to analyze the crime of money laundering and terrorist financing prevention control regulations, to prepare proposals for the development of these regulations, organize and carry out a crime of money laundering and terrorist financing risk assessment, as well as to make proposals to reduce the levels of these risks." Add to the second part of paragraph 8 with the following: "8) to request and receive from this law, article 3 of the above subjects and article 45 of the said institutions the information necessary for criminal money laundering and terrorism financing risk assessment." 3. Supplement article 56 1 part to paragraph 3 by the following: "3) are international passenger, cargo and mail air service airport, providing international passenger, cargo and mail air service requesting the air operators and air navigation service providers, the owner (the true beneficiary) or an employee who occupies a managerial position or with their decisions may significantly affect the company's activities, and there is a reasonable suspicion that the person may pose a threat to national or public security and its relation to possible criminal money laundering or the financing of terrorism, and if the national security agency has received a request for information in accordance with the law on aviation "." The law in the Parliament accepted 11 June 2015. The President a. Smith in 2015 at 30 June

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