Money Laundering Act No. 11 2006

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This law establishes a Financial Intelligence Unit. It shall be an autonomous central national agency responsible for receiving, requesting, analyzing and disseminating disclosures of financial information to competent authorities. Unit functions include receiving, analyzing and assessing reports of suspicious transactions.

This Act provides the requirements for the assembly of the institution's Board of Directors, and clients' establishment of records.

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Year of Document: 
2006
Document Authors: 
Parliament of Malawi
Language (This Document): 
English

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