Law No.17/2011 Legal Regime Covering the Prevention of and Combat against Money Laundering and Financing of Terrorism


(enacted in 2011)

Article Nineteen regulates non-profit organizations, which collect, receive, grant or transfer funds, should be subject to the supervision of Finance Ministry.

The law consist of several parts:

Chapter I General Provisions

Chapter II Prevention

Chapter III Detection of Money Laundering and Financing of Terrorism

Chapter IV Supervisory Authorities and Sanctions

Chapter VInvestigating  and professional secrecy

Chapter V Measures

Chapter VI International Judicial Cooperation in Criminal Matters

Chapter VII Final and Transitional Provisions