Kuwait tightens anti-money laundering controls for gold and real estate sectors

Minister of Commerce and Industry Osama Boodai has updated anti-money laundering and counter-terrorist financing controls for businesses dealing in gold, precious stones and precious metals, as well as real estate brokers and intermediaries. The updated rules require companies and institutions in the two sectors to assess customer and transaction risks, identify and verify customers and … The post Kuwait tightens anti-money laundering controls for gold and real estate sectors appeared first on Times Kuwait.