S.L. 373.1 Art. 1Title and scope.

(1) The title of these regulations is the Prevention of

Money Laundering and Funding of Terrorism Regulations.

(2) The objective of these regulations is to implement the provisions of Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing.