Parliament of Thailand - Anti-Money Laundering Act, 2009

Share: 

The Parliament of Thailand's Anti-Money Laundering Act (AMLA), 2009 aims to combat money laundering in the country with the ultimate goal of helping to eliminate the drug trade. The act focuses on the laundering of money or property derived from the commission of a “predicate offense” which includes crimes relating to drugs, public corruption and terrorism. The AMLA imposes customer due diligence and reporting requirements on government entities, financial institutions and various other parties. The act is divided into several chapters, and sets forth provisions on the following topics:

1. Reporting and Identification
2. Anti-Money Laundering Board
3. Transaction Committee
4. The Office of Anti-Money Laundering
5. The Asset Management
6. Anti-Money Laundering Fund
7. Penal Provisions

Document Details

Document Type: 
Document Topic: 
Doument Author (Entity): 
Authoring Country: 
Originating Country or Trade Block: 
Issue Status: 
Year of Document: 
2009
Date of Document: 
Wednesday, October 28, 2009
Document Authors: 
Parliament of Thailand
Language (This Document): 
English

Legal Disclaimer: The content appearing on this site is for general information purposes only and made available on an "AS-IS" basis. The law is subject to change and no representation or warranty is made with regard to accuracy or fitness for a particular purpose.