Yes!! Citizens can provide information concerning suspected money laundering or suspected terrorist financing to the Financial Intelligence Unit (FIU) via a Voluntary Information Reports (VIRs).
This is submitted to the FIU via mail. Members of the public are also sdvised to inform law enforcement agencies (LEA).
Antoinette Sydney LB LEC CAMLFC CFRMP is an author and entrepreneur based in Trinidad and Tobago.
Where is your record? Wrote , write,write! I am so impressed with free blogging sites such as WordPress. It allows me to look back at my years gone by. This is officially my 3rd year writing this blog! It brings me great to return to my previous blog posts! I am impressed with the quality of my thinking and writing! Writing these blogs are extremely enjoyable for me.
Write stuff down. From your “to do lists” to your goals, write it down. I prefer pen and paper,but the sticky note on my computer works just as well.
I encourage you to start your blog!!
About the Author: 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 Get a free sample of two chapters here https://linktr.ee/asydneygrouptt
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 It should be noted that legal information and content can become out of date and I give no undertaking to keep this blog up to date.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.
Recommendation 8 of the Financial Action Task Force mandates that counties assess the adequacy of the laws and regulations with respect to Non-Profit Organizations (NPOs). NPOs are susceptible to being used to finance terrorism. In 2019, the Non-Profit Organizations Act No. 7 of 2019 (NPOA) was enacted and is in effect.
By virtue of this piece of legislation, NPOs now fall under the ambit of AML/CFT/PF regime in Trinidad and Tobago.
The Financial Intelligence Unit (FIU) is the supervisor of NPOs that earn more than $500,000 in gross annual income.
About the Author: Antoinette Sydney LLB LEC CAMLFC CFRMP is an author and entrepreneur based in Trinidad and Tobago.
Order her new book now: How to Hustle from Home: 50 Success Secrets Get a free sample of two chapters here https://linktr.ee/asydneygrouptt
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.
Yes!!! Prior to Companies (Amendment) Act, 2019 (the ‘CAA’) there was no requirement to request or maintain any information on the beneficial owners of companies.
According to the new Part VA of the Companies Amendment Act , companies must now obtain updated information on the beneficial owners of shares , if anyone acquires any beneficial interest and if there is a change in ownership.
About the Author: Antoinette Sydney LLB LEC CAMLFC CFRMP is an author and entrepreneur based in Trinidad and Tobago.
Order her new book now: How to Hustle from Home: 50 Success Secrets Get a free sample of two chapters here https://linktr.ee/asydneygrouptt
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.
The principal aim of the Non-Cooperative Countries and Territories (NCCT) Initiative was to reduce the vulnerability of the global financial system to money laundering by ensuring that all financial centres adopt and implement measures for the prevention, detection and prosecution of money laundering according to internationally standards.
Jurisdictions that are subject to the FATF’s call for countermeasures or are subject to enhanced due diligence (EDD) due to their strategic AML/CFT deficiencies (black list)[1]
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.
Your subconscious mind is a silent observer of your thoughts,words and action . Your subconscious mind does not understand negative commands . Check your thoughts hourly , conduct a weekly audit to see if your thoughts are negative or positive .
Develop positive affirmations that are easy to remember . Purchase the beads used in meditation and repeat your chant at least 108x. Honestly believe that it will come to past ,eliminate all doubt in your mind. See yourself graduating with that degree ,imagine your spouse congratulating you on that new business .
An important ingredient is “feeling”. You must feel that you have already received what you have asked of Source.
Your subconscious mind will now bring it to reality . It is now important for you to avoid all negativity ,go on a news fast . It is done.
About the Author: Antoinette Sydney LLB LEC CAMLFC CFRMP is an author and entrepreneur based in Trinidad and Tobago
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.
Present a challenge to them, let them earn your trust . Give it time. We have grown used to instantaneous messaging, and we have erroneously accepted this as communication. We no longer get to know our partners , we ‘talk’ for a minute, then we take the relationship to the next level. We render ourselves irrevocably vulnerable! In the event that we are dating a sociopath, this person may lose interest after feasting on your tender flesh. You cannot undo the deed at this point,what’s done is done.
There was a loud scream that disrupted the still of the night. My mother ran to the kitchen for table salt to chase a frog that was relaxing on the walkway. Her racing heart vibrated in her chest and she was gasping for breath. Naturally, I peeped to see the commotion. She attempted to sprinkle some white, table salt on the frog, she missed. And the frog and I laughed. Then my mother emptied the entire contents of the jar of salt on the ground. The frog hopped away, rolling his big eyes at her. My mother was relieved that she nevertheless chased the frog away. The frog on the other hand, was irritated at the inconvenience. My mother then informed me that we were out of salt. Although I was displeased at the wastage , I had to lecture my mother about another life lesson.
I told her that we should distribute our salt in direct proportion to the sugar that we receive. We ought not to give all of our salt to the first person that we meet. Most times that person is just bored and is looking for entertainment, this is equivalent to saying that “nothing serious” is desired. Do not inconvenience yourself for any temporary person. Treat your salt with the value that it deserves. Your salt should not be dashed upon every attractive person that you see.Give them one grain of your precious salt and see how they react. See if this person respects you as a human being and not as a salt machine. Wait to see if they are sweet to you, this is what I mean by offering you sugar. Observe how they address the gas station attendants, pay attention to the tone used when they address waitresses as restaurants. Notice their actions and compare these to their words and ensure that there is consistency. I appreciate the fact that it is your salt and you can distribute it as you please. I am just cautioning you that after you waste all of your salt on someone who hops out of your life, you will have no taste.
About the Author: Antoinette Sydney LLB LEC CAMLFC CFRMP is an author and entrepreneur based in Trinidad and Tobago.
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.
If you are thinking about opening a business bank account for your Partnership business in Trinidad and Tobago, this post is just for you.
S.U.B.S.C.R.I.B.E. to my Youtube Channel.
The general requirements to open a business bank account for a Partnership Business are:
1.Certificate of Registration;
2.Two valid forms of Government issued, photo identification for each Partner;
3.A utility bill for each Partner, if the bill is not in your name, you will need an authorization letter from the person whose name appears on the utility bill and a copy of their unexpired Government issued photo identification. I am always telling my clients to get a utility bill in their name. See my YouTube video where I explain the importance of this.
4.A Business Stamp with your business name on it.
5.Special letters such as a letter of request, a letter requesting online banking.
6.Cash Flow Projections for three years.
7. Some banks require a Board of Inland Revenue (BIR) number;
8.Additional documents such as F.I.U (Financial Intelligence Unit) Registration
9.The minimum deposit payable to the bank, as the first deposit in your account.
10.Partnership Agreement. Some banks will insist on this!
Other documents may be required according to the sector that you operate in.
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.
The general requirements to open a company bank account for a Limited Liability Company are:
1.Certificate of Incorporation;
2. The Incorporation documents, these are Forms 1,4,8,27,
3.Most Recent Annual Returns;
4.Two valid forms of Government issued, photo identification for each director;
5.A utility bill in your name, if the bill is not in your name, you will need an authorization letter from the person whose name appears on the utility bill and a copy of their unexpired Government issued photo identification. I am always telling my clients to get a utility bill in their name. See my YouTube video where I explain the importance of this.
6.A Company Stamp with your registered company name on it.
7.Special letters such as a letter of request, a letter requesting online banking.
8.Cash Flow Projections for three years.
9.Some banks require a Board of Inland Revenue (BIR) number each director and for the conmpany;
10.By-Laws, if applicable.
11.Additional documents such as F.I.U (Financial Intelligence Unit) Registration.
Other documents may be required according to the sector that you operate in.
Antoinette Sydney LLB LEC CAMLFC CFRMP is an author and entrepreneur based in Trinidad and Tobago.
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.
Have you ever visited the bank to open a business bank account and you were told to come back because you did not have all the required documents? Naturally, this is after you waited for three hours!
Thank you for stopping by!! In this post, apart from inviting you to subscribe to my YouTube channel, (PLEASE SUBSCRIBE) I will be describing the requirements for you to open your business bank account in Trinidad and Tobago.S.U.B.S.C.R.I.B.E
The general requirements to open a business bank account for a Small Business (Sole Trader) are:
1.Certificate of Registration;
2.Two valid forms of Government issued, photo identification;
3.A utility bill in your name, if the bill is not in your name, you will need an authorization letter from the person whose name appears on the utility bill and a copy of their unexpired Government issued photo identification. I am always telling my clients to get a utility bill in their name. See my YouTube video where I explain the importance of this.
4.A Business Stamp with your business name on it.
5.Special letters such as a letter of request, a letter requesting online banking.
6.Cash Flow Projections for three years.
7. Some banks require a Board of Inland Revenue (BIR) number;
8.Additional documents such as F.I.U (Financial Intelligence Unit) Registration.
9.The minimum deposit payable to the bank, as the first deposit in your account.
Other documents may be required according to the sector that you operate in.
Antoinette Sydney Attorney at Law is an author and entrepreneur based in Trinidad and Tobago.
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.
