The Department of Combating Money Laundering and Funding of Terrorism attached to the MInistry of Commerce and Industry (MoCI) took action against several companies that breached Law 106/2013, in September.

In a press release, the ministry said that 56 measures were taken against erring companies, including issuing warning notifications to 17 real-estate companies, four jewelry companies, two money exchange agencies and one company dealing in insurance.

In addition, 19 real-estate companies, four jewelry companies, five money exchange firms and four insurance companies were compelled to comply with the relevant laws.

 


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