CYFA would like to inform its members that the Ministry of Energy, Commerce and Industry announces that the Registrar of Companies Directives (R.A.A 112/2021 and R.A.A 317/2021) for the Prevention and Suppression of Money Laundering and Terrorist Financing (Beneficial Owners) of 2021 are also available in the English language, on the website of the Companies Section, in the section Legislation. The Directives are also attached for relevant review.
It is noted that each member is obliged to comply with the Tax, AML, ASP Law and the circulars/guidelines of the relevant authorities and regulators. Any information contained in any other notifications or circulars should be assessed on its own merits.
