Netherlands: Ministry of Finance Consults on Draft Law on Amendments to the Money Laundering Prevention and Financing of Terrorism Act

On July 19, 2019, the Dutch Ministry of Finance published a consultation on draft law amendments to the Money Laundering Prevention and Financing of Terrorism Act (Wwft BES). 

The draft law sets out the core obligations on preventing money laundering and the financing of terrorism and is aligned with the international standards of the Financial Action Task Force (FATF).

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