These amendments, intended to give more teeth to the Anti Money Laundering legislation, are as follows: •  the addition of more predicate crimes such as trafficking in persons, bribery, counterfeiting, frauds and other illegal exactions, malversation, forgery, environmental crimes and terrorism and its financing;  •  the inclusion of an appropriate regime for designated non-financial businesses and professionals, such as casinos, real estate agents, dealers in precious metals and stones, lawyers, and accountants;  •  provision for a system of incentives and rewards; and  •  retention by the AMLC of a percentage of civilly forfeited funds.
I am pleased to report that our House of Representatives is similarly proactive in terms of strengthening our fight against money laundering.