Proposition 50K1569

Logo (Chamber of representatives)

Projet de loi modifiant la loi du 11 janvier 1993 relative à la prévention de l'utilisation du système financier aux fins du blanchiment de capitaux et modifiant la loi du 6 avril 1995 relative aux marchés secondaires, au statut des entreprises d'investissement et à leur contrôle, aux intermédiaires et conseillers en placements.

General information

Submitted by
Groen Open Vld Vooruit PS | SP Ecolo MR Verhofstadt Ⅰ
Submission date
Dec. 17, 2001
Official page
Visit
Status
Adopted
Requirement
Simple
Subjects
investment company financial occupation financial transaction fraud criminal law exchange transaction money laundering

Voting

Voted to adopt
Groen CD&V Vooruit Ecolo LE PS | SP Open Vld N-VA MR FN VB

Contact form

Do you have a question or request regarding this proposition? Select the most appropriate option for your request and I will get back to you shortly.








Bot check: Enter the name of any Belgian province in one of the three Belgian languages:

Discussion

Jan. 31, 2002 | Plenary session (Chamber of representatives)

Full source


Rapporteur Gérard Gobert

Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker, Mr. Speaker. The proposed law has two main objectives.

The first is to strengthen the anti-money laundering mechanism towards non-cooperative countries and territories in the fight against money laundering. These non-cooperative countries and territories are identified on the basis of criteria defined by the Financial Action Group (FATF). The FATF wants to act firmly against countries and territories that persist in a non-cooperative attitude for at least a year. The measures are mainly focused on identification, on the one hand, and the strengthening of reporting mechanisms, on the other.

The second objective of the law is to strengthen the anti-laundering mechanism relating to money transfer activities.

During the general discussion, the speakers addressed the following aspects: the availability of the list of non-cooperative countries — which is annexed to the report —, the need to commit firmly to the fight against money laundering, the problem of collateral, the problem of the maximum amount that can be subject to a money transfer operated by a foreign exchange agent.

The bill was adopted unanimously by the members of the committee.