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Law on measures for preventing the legalization of incomes obtained by criminal means amended

The Law of the Republic of Belarus of 13 June 2016 has introduced changes and additions in the Law of the Republic of Belarus ‘On measures for prevention of legalizing incomes obtained by criminal ways, financing terrorist activities and financing dissemination of weapons of mass destruction’.

In particular the amendments concern the procedure for freezing means belonging to and blocking financial operations of persons included in a list of legal and natural persons being engaged in terrorist activities.

The Law was officially published in Russian on the National Legal Internet Portal of the Republic of Belarus on 17 June 2016, and its main provisions enter into force in three months after the official publication.