Agreement on Anti-Money Laundering, Counter-Terrorist Financing and Counter-Proliferation Financing for Land Operators
关于针对土地经营者的反洗钱、反恐怖融资及反扩散融资协议
ຂໍ້ຕົກລົງວ່າດ້ວຍ ການຕ້ານການຟອກເງິນ, ການສະໜອງທຶນ ໃຫ້ແກ່ການກໍ່ການຮ້າຍ ແລະ ການແຜ່ຜາຍອາວຸດທຳລາຍລ້າງຜານ ສຳລັບຜູ້ດຳເນີນທຸລະກິດກ່ຽວກັບທີ່ດິນ
Summary
This regulation requires licensed land operators in Laos to fulfill obligations against money laundering, terrorist financing, and proliferation financing, including risk assessment, customer due diligence, and risk management.
Articles
Article ມາດຕາ 1
Article 2 Anti-money laundering, counter-financing of terrorism and counter-proliferation of weapons of mass destruction for land business operators means the exercise of rights and performance of obligations of such business operators within the scope of their responsibilities as stipulated in the law and relevant regulations, including risk assessment and risk management, internal control, customer due diligence and enhanced customer attention measures.
Article ມາດຕາ 2
Article 2 Scope of Application
This agreement applies to operators engaged in land-related businesses who have obtained a license in accordance with the law and operate within the territory of the Lao PDR.
Article ມາດຕາ 3
Article 5 Assessment of risks of land-related businesses in the work of anti-money laundering, combating the financing of terrorism and the proliferation of weapons of mass destruction
The assessment of risks of land-related businesses in the work of anti-money laundering, combating the financing of terrorism and the proliferation of weapons of mass destruction includes the following:
1. National-level risk assessment on anti-money laundering and combating the financing of terrorism;
2. Risk assessment of land-related business operators.
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