14 June 2007 | The Royal Gazette

A trio of Bills to crack down on money laundering and terrorism were yesterday approved in the Senate.

The Proceeds of Crime Amendment Act 2007, The Criminal Justice (International Co-operation) (Bermuda) Amendment Act 2007, and The Financial Intelligence Agency Act 2007 were all passed with cross-party support on their second reading.

However the third Bill, The Financial Intelligence Agency Act, will be sent back to the House of Representatives for approval of an amendment before becoming law.

Presented in the Senate by Attorney General Sen. Philip Perinchief, The Proceeds of Crime Amendment Act was praised by Sen. Bob Richards of the UBP. MORE! »