ANTI-MONEY LAUNDERING & COMPLIANCE
Genesis operates in a jurisdiction that understands that money laundering is a threat to the integrity of the international financial services industry, and to the economic, political and democratic foundations of the developed world.
We continue to strengthen our internal policies and procedures to prevent and detect, potential fraud, money launderers and terrorist financing. This is in step with the country’s anti-terrorism and counter-money laundering legislation, which is continually advancing to meet global best practices and standards.
RELEVANT LEGISLATION
- The Anti-Terrorism Act, 2018 (“ATA”)
- Anti-Terrorism Regulations, 2019 (“ATR”)
- The Financial Intelligence Unit Act, 2000 (“FIUA”)
- The Financial Intelligence (Transactions Reporting) Regulations, 2001
- The Proceeds of Crime Act, 2018 (“POCA”)
- Securities Industry Act, 2011
- Securities Industry Regulations, 2012
- Investment Funds (Amendment) Act, 2020
- Investment Condominium Act. 2014
- Investment Funds Regulations, 2020
- Investment Funds Act, 2019
- Securities Industry (Amendment) Regulations, 2020
- Investment Funds Act (SMART Fund) Rules, 2003 [SFMs 001, 002, 003, 004]
- Investment Funds Act (SMART Fund) Rules, 2005 [SFM 005]
- Investment Funds Act (SMART Fund) Rules, 2012 [SFM 007]
- Financial Transactions Reporting Act, 2018
- Financial Transactions Reporting Regulations, 2018
- Financial Transactions Reporting (Wire Transfer) Regulations, 2018