Government of Bermuda
AML-ATF Ministerial Advisory 1/2018: Money Laundering and Terrorist Financing controls in higher risk jurisdictions
Requirement to apply Enhanced Due Diligence for higher risk jurisdictions
Attorney General and Minister of Legal Affairs Hon. Kathy Lynn Simmons, JP, today issued the following advisory about the risks in a number of jurisdictions arising from inadequate systems and controls to combat money laundering and terrorist financing.
Persons wishing to register a Privately Funded Charity or Charitable Trust must complete an Application to register a Privately Funded Charity or a Charitable Trust and submit it to the Registry General Department.
All applications should be addressed to the Legal and Compliance Officer and marked “Private and confidential”.
Mr. Speaker, I wish to update this Honourable House on the progress that has been made by the Financial Intelligence Agency (FIA) in particular, and the National Anti-Money Laundering Committee in general, in updating Bermuda's Anti-Money Laundering/Anti-Terrorist Financing (AML/ATF) framework, to include within its scope the supervision of dealers of high value goods. This effort is part of Bermuda's continuing commitment to enhance
Minister of Legal Affairs Issues New Advisory on the Risks Relating to Deficiencies in Anti-Money Laundering and Anti-Terrorist Financing (AML/ATF) Systems and Controls in Specified Jurisdictions
To register a charity, you must complete an