The draft bill contains stricter requirements that companies have to meet as part of future anti-money-laundering efforts. They include a more stringent obligation to train employees; monitor employees and in some cases investigation by an anti-money-laundering officer. This applies even for companies in the non-financial services sectors (e.g. real estate agents, dealers, transport companies, etc.). The new anti-money-laundering laws are scheduled to go into effect during the 1st quarter of 2012.
Newsflash: Anti-money laundering laws (new regulations)
