Kazakhstan: Nazarbayev signed amendements into anti-money-laundering legislation

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[box type=”info” style=”rounded” border=”full”]The text is translated from Russian using Google translate[/box]

The head of state signed the Law of the Republic of Kazakhstan ” On making amendments and addenda to some legislative acts of the Republic of Kazakhstan on countering the legalization (laundering) of proceeds from illegal and terrorist financing, and cashing “, aimed at improving the legislation on counteraction to legalization (laundering) proceeds of crime and financing terrorism, according to Zakon.kz citing the press service of the Head Gosudasrtva.

The document was developed in order to bring legislation into line with the recommendations specified in the normative judgment of the Constitutional Council of RK of August 20, 2009 № 5 “On the official interpretation of paragraph 2 of Article 18 of the Constitution of the RK and checking for compliance of the Laws of RK” On Combating Legalization (Laundering) proceeds of crime and financing of terrorism “,” On making amendments and addenda to some legislative acts of the RK on countering the legalization (laundering) of proceeds from illegal and terrorist financing. “

Detailed news link (in Russian) : click here

News translated in English: click here

Link to the published amendment (in Russian): click here

Link to the published amendment (translated in English): click here

Link to the president’s press release: click here