MPs discuss unusual financial transactions draft laws today | THE DAILY HERALD

PHILIPSBURG–Members of Parliament (MPs) will sit in a public plenary session at 2:00pm today, Tuesday, to discuss several draft laws related to unusual financial transactions.

The agenda items include the National Ordinance amending the National Ordinance on the obligation to notify cross-border money transfers in response to recommendations 32 and 33 of the Financial Action Task Force.

Also on the agenda is the National Ordinance containing rules to comply with recommendation 29 of the Financial Action Task Force concerning Financial Intelligence Units (National Ordinance Financial Intelligence Unit).

MPs will also discuss the National Ordinance containing rules to prevent and combat money-laundering and terrorism-financing in response to the recommendations of the Financial Action Task Force (National Ordinance combatting money-laundering and terrorism-financing.

The public can follow the deliberations in person at the House of Parliament located across from the Courthouse in Philipsburg.

The session will be carried live on St. Maarten Cable TV Channel 115, SXM GOV radio 107.9FM, Pearl Radio 98.1FM, , and of Sint Maarten.

Source: The Daily Herald