Regulatory Alerts2019-01-01
Public Prosecutor's Decision No. (2722) of 2019
The Public Prosecutor issued Decision No. (2723) of 2019 to formally establish dedicated Money Laundering Prosecutions within each General Prosecution, subordinate to the Public Attorney. The decision mandates that these specialized units investigate offenses under the Anti-Money Laundering Law of 2002 and intrinsically linked crimes, referring completed cases to the Financial and Commercial Affairs Prosecution alongside a detailed legal opinion memorandum. Additionally, it requires the creation of case registers, the submission of monthly case disposition reports to the Technical Office and judicial inspection bodies, and sets the effective date for implementation as December 21, 2019.
Share