Justice Ministry plans to amend anti-money laundering law: Prayuth
Prime Minister Prayuth Chan-ocha said Friday that the Justice Ministry plans to amend the Anti-money Laundering and Prevention Law in accordance with international standards.
"An issuing of the drafted Financial Transaction Evidence Law is aimed to accelerate the processes in accumulating evidence and for government agencies in tracking criminals in complicated cases whether it be economic crimes, narcotics crimes or crimes from corruption," Prayuth said during his weekly TV programme.
"These are the NCPOs and Government’s core agenda."
He said the Anti-Money laundering office (AMLO) has established the AMLO Financial Information Cooperation System (AMFICs) in order to reduce excessive burden and expedite transferring of financial information from Financial Institutions to related government agencies.
He urged the banking industry and the Thai Bankers’ Association to cooperate by sending the information concerning financial transactions to the AMLO, upon request through legal channels.
The Nation
