Law Exposes Many People - Onus On Lawyers
Category: Crime News
law-exposes-many-people----onus-on-lawyers_kuwait
Immigrate to Canada or Australia
Study In Abroad

The Anti- Money Laundering Law applies to financial institutions and certain professions like lawyers, paralegals and accountants due to their role in processing transactions for their clients, Attorney Dr Bader Al-Mullah said in a symposium on money laundering crimes between incrimination and prevention held recently at the Kuwait Society of Lawyers (KSL).

Al-Mullah confirmed several people involved in money laundering have been exposed and referred to the relevant authorities. He emphasized the seriousness of the issue concerning the work of a lawyer, indicating the law covers lawyers since they engage in certain activities on behalf of other people and they need to shoulder various responsibilities.

He pointed out that KSL also shoulders such responsibilities as stipulated in the law, especially since a lawyer manages his client’s finances including stocks, bank accounts or properties. He said the necessary measures should be taken by the lawyer such as requiring the client to sign the ‘know your client’ (KYC) form and verify his financial resources although most clients refuse to do so because they are not aware that they are covered by this law.

“Whoever represents a minister, undersecretary or lawmaker should take more precautionary measures even when dealing with ordinary issues,” he stressed. He added the money laundering indicators should be applied on the client because the lawyer will be held accountable if any violation is uncovered. He said the lawyer should follow procedures stipulated in the law such as scrutinizing transactions and determining sources of funds although such steps might affect relations with clients.

Dashti accused: Lawyer Munaif Al-Omar has lodged a “State Security” complaint with the Prosecutor General against former MP Abdulhameed Dashti, accusing him of posting on his Twitter account remarks deemed offensive to the Saudi Crown Prince Mohammad Bin Salman during the latter’s visit to Kuwait. On Sept 30, Dashti had published a map showing Kuwait borders that included symbols deemed offensive to the Kingdom of Saudi Arabia and her symbols represented by Crown Prince, First Deputy Prime Minister and Minister of Defense Prince Mohammad Bin Salman.

 

SOURCE : ARABTIMES

04 Oct, 2018 0 237
Posted Comments
Popular News
air-india-and-indigo-scheduled-12-flights-to-india-till-monday_kuwait
Air India And Indigo Scheduled 12 Flights To India Till Monday Indian airlines companies Air India and Indigo scheduled 12 flights to India from tomorrow till Monday, 17th of this month. As per the schedules announced, Indigo will operate 5 services until comi... August 12, 2020 0 8070 Category: India
5-year-residence-for-expats-and-10-years-for-expat-businessmen_kuwait
5 Year Residence For Expats And 10 Years For Expat Businessmen A new residency law will be introduced that underlines that an expat can acquire a residency visa for up to 5 years and for an expat businessman with a valid project, it is for 10 years. Among the ... August 12, 2020 2 7924 Category: Expats
large-scale-expat-deportation-plan-in-progress_kuwait
Large Scale Expat Deportation Plan In Progress Planning is underway for the large scale arrest and deportation of around 126,000 expatriates living illegally in Kuwait, reports Al Jarida daily. They did not take advantage of the amnesty in April a... August 11, 2020 1 6705 Category: Expats
after-days-of-waiting-first-flight-left-to-india-from-kuwait-today_kuwait
After Days Of Waiting, First Flight Left To India From Kuwait Today After a long wait of more than three weeks, the flight to India resumed from Kuwait international airport today with the first flight carrying 322 Indians stranded here to Delhi. The flight, arrang... August 11, 2020 0 6361 Category: Kuwait
temporary-suspension-of-accreditation-of-engineering-degrees-for-indians_kuwait
Kuwait Society of Engineers temporarily suspended NOC for Indian engineers The Society of Engineers and the Public Authority for Manpower have decided to temporarily suspend the NOC for Indian engineers after discovering the use of several fake certificates to obtain a work ... August 13, 2020 0 5330 Category: Kuwait Society of Engineers
ban-on-31-countries-to-continue--no-request-to-bring-expat-workers-from-any-ministries_kuwait
Ban On 31 Countries To Continue - No Request To Bring Expat Workers From Any Ministries The Supreme Committee for the Restoration of Commercial Flights at Kuwait International Airport held a meeting yesterday to review the procedures for flights operations. Volume 0% According to the... August 13, 2020 0 3274 Category: Travel
expats-visa-above-60-years-_kuwait
Only educated expats over 60 will have their residence renewed Public Authority for Manpower (PAM) has announced that expats at the age of 60 and above, without a university degree will need to make preparations to leave the country by end of this year. They are ... August 11, 2020 2 3217 Category: Expats
entry-visas-for-all-nationalities-would-not-be-issuedm-except-eemergency_kuwait
No new visa without the approval of Coronal Emergency Ministerial committee All kinds of entry visas to Kuwait for all nationalities will not be issued without the approval of Coronal Emergency Ministerial committee, Cabinet informed today. The official spokesperson for th... August 13, 2020 0 3168 Category: Visit Visa
dgca-did-not-receive-any-request-to-bring-back-expats-stranded-abroad_kuwait
DGCA Did Not Receive Any Request To Bring Back Expats Stranded Abroad The government institutions did not send a request to make preparations for the return of expats stranded abroad, especially needed professions in Kuwait such as doctors, engineers, judges, other expe... August 13, 2020 0 2810 Category: Kuwait
officials-discussed-about-the-status-of-commercial-flights-at-kuwait-airport_kuwait
Officials Discussed About The Status Of Commercial Flights At Kuwait Airport The aviation department of Kuwaiti Government discussed its policy for starting Commercial Flights in & out of Kuwait. The meeting was held in supervision of the Chairperson/President of Directora... August 12, 2020 0 2736 Category: Kuwait
View All
Visit Visa
Visit Visa
Indemnity
Indemnity
Dependent Visa Driving License Project Visa Termination
Termination
Civil ID Crime News