Regulatory Alerts2011-01-08
2011-Additional List of Predicate Offences
The Federal Government issued notifications under the Anti-Money Laundering Act, 2010, designating the Directorate General of Intelligence and Investigation as a law enforcement agency for investigating predicate offences. Additionally, the government amended the Schedule of the Act to include new offences relating to environmental protection, intellectual property (trade marks), and human trafficking. These amendments formalize the expansion of predicate offences and empower specific federal authorities to enforce the Act against these newly identified criminal activities.
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