Kuwait makes early progress in strengthening anti-money laundering measures
Kuwait has made progress ahead of schedule in strengthening its anti-money laundering measures. The country is improving communication with precious metal and stone traders and real estate agents to increase reports of suspicious transactions. Efforts also include ensuring that information regarding the actual owners of legal entities is accurate. This data is being properly recorded in the official beneficial ownership register.
Measures include improving communication with real estate agents and traders in precious metals and stones to encourage the reporting of suspicious transactions First involves ensuring that information about the actual owners of companies and other legal entities is accurate and properly recorded in the official beneficial ownership register Kuwait has made progress ahead of schedule … The post Kuwait makes early progress in strengthening anti-money laundering measures appeared first on Times Kuwait .