/ / Legal News
07.07.2014

New Law on preventing legalization of incomes received by criminal means adopted in Belarus

On 30 June 2014 the President of the Republic of Belarus signed the Law on prevention of legalization of incomes received by criminal means, financing terrorist activity and financing dissemination of weapons of mass destruction. The Law is aimed at regulating financial operations in the territory of the Republic of Belarus, activity of the body for financial monitoring and state bodies that carry out control over activity of persons performing financial operations in the part of their observing legislation on prevention of legalization of incomes received by criminal means, financing terrorist activity and financing dissemination of weapons of mass destruction.
The Law has been officially published on the National Legal Internet Portal of the Republic of Belarus on 3 July 2014 and enters into force in six months after its official publication.