How to Report Proliferation Financing Funds in your possession (ESR): AML Compliance Consultants

The purpose of the Economic Sanctions (Implementation of United Nations Resolution on the Democratic Republic of Korea) Order, 2018 and the Economic Sanctions (Implementation of United Nations Resolution on the Islamic Republic of Iran) Order, 2018 is to implement measures to prevent and disrupt the financing of the proliferation of weapons of mass destruction which constitutes a substantial threat to both domestic and international peace and security.

The Economic Sanctions (Implementation of United Nations Resolution on the Democratic Republic of Korea) Order 2018  and the Economic Sanctions (Implementation of United Nations Resolution on the Democratic Republic of Iran) Order 2018 seeks to put measures in place to prevent the proliferation of weapons of mass destruction (WMD) . The Proliferation of weapons of mass destruction poses a clear and present danger to global peace and security.

Listed Businesses (LBs) and Financial Institutions (FIs) must consult the list of entities which have been subject of a freezing Order by the Supreme Court in Trinidad and Tobago and inform the Financial Intelligence Uni (FIU) where the FI or LB knows or has reasonably suspects that an entity named in the Court Order has property or funds in the FI or LB; or

A transaction is being conducted by an individual involving property or money owned or controlled by an entity named in the Court Order.The prescribed form is the Economic Sanctions Reporting Form.

Antoinette Sydney LLB LEC CAMLFC CFRMP, is an author and entrepreneur based in Trinidad and Tobago.

Order her new eBook now: How to Hustle from Home: 50 Success Secrets
https://gumroad.com/l/jHoyL
Get a free sample of two chapters here
linktree:https://linktr.ee/asydneygrouptt

Website: www.asydneygroup.com

Blog: https://sydneygroupblog.wordpress.com/

Linked In: https://tt.linkedin.com/in/antoinette-sydney-77093550

Instagram: https://www.instagram.com/asydneygrouptt/?hl=en

Facebook: https://www.facebook.com/sydneygrouptt/

Youtube: https://www.youtube.com/channel/UC8-sUa8WMDJM8w5_Q3nhQ5w

Disclaimer:
The content herein is only for informational and educational purposes and does not constitute legal advice. Please be advised that no attorney/client relationship is created by the publishing of this content. You should consult with your attorney at law for independent legal advice.

No representations or warranties are made about the suitability, comprehensiveness and or accuracy of the information and other content contained on this channel. It should be noted that legal information and content can become out of date and I give no undertaking to keep this blog up to date. All liability for any loss or damage of any kind which may be suffered as a result of accessing and using the information and or content of this blog is hereby excluded to the full extent permitted by law.

#amlexpert #antoinettesydney #sydneygroup  #trinidadonlinelawyer #asydneygroup.com #trinidad #company #companies #lawyer #caribbean #aml #cft #frm #fraudrisk #graphicdesign #tax #taxation #taxes #nis #vat #bir #fiu #compliance #complianceofficer #realestate #casinos #cardealer

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s