MEASURES AGAINST MONEY LAUNDERING TO BE INTRODUCED

Business | December 13, 2001, Thursday // 00:00

Banks and financial institutions should check their clients who make deals with over BGN 30,000, the Cabinet decided on its regular governmental meeting. All clients with such deals will have to submit their personal data. The measures are introduced to fight money laundering. The Bureau for Financial Investigation will have the right to make checks of the financial institutions. The experts from the bureau will make checks whether all operations for over BGN 30,000 are registered and accounted.
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