The Senate today approved amendments to the Proceeds of Crime Act, POCA, and the Terrorism Prevention Act.
The amendments propose to tighten scrutiny on firms suspected of money laundering.
Government Senate Leader, Kamina Johnson Smith, outlined aspects of the amendment.
Minister Johnson Smith says the amendments to the POCA Act are part of the Government’s commitment to intensify the fight against money laundering.
Kamina Johnson Smith, Leader of Government Business in the Senate.
Meanwhile, Opposition Senator KD Knight commended the Government on passage of the anti-money laundering bills.
KD Knight, Opposition Senator.