Regulatory Alerts2007-01-01
Proceeds of Crime Act 2007
The Parliament of Jamaica enacted this Act to establish the Assets Recovery Agency and provide legal mechanisms for the recovery of proceeds from unlawful conduct. The legislation empowers courts to issue forfeiture and pecuniary penalty orders against defendants convicted of crimes or those with a criminal lifestyle who have benefited from general criminal conduct. It further regulates civil recovery, cash seizure, money laundering offenses, and investigative powers including disclosure orders and search warrants to combat financial crime.
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