Real estate, Jewelers, Accountants having Criminal affiliation with Criminal will not be able to do business
 |
| FBR Issued Notification to Ban the Business Having Affiliation with Criminals |
Criminal affiliation, real estate, jewelers, accountants will not be able to do business: FBR imposes new conditions.
According to the FBR's notification, under the Anti-Money Laundering Act 2010, the FBR has further amended the designated non-financial businesses and professional regulations to curb money laundering and financial access to terrorists, including real estate agents, jewelers and Accountants will be required to identify a person who is a convicted felon or has some kind of relationship with a convicted felon,
such a convicted felon or persons associated with a felony named Non-Financial Business and Professionals (Jewelers, Real Estate) Agents and Accountants) should not have any ownership or control over them nor should they be beneficial owners nor should they be given any senior position or position in the board.
All real estate agents (property brokers, dealers, developers, builders), jewelers and accountants, any property owners, beneficial owners or owners, senior executives, and board members will be required to inform the FBR about a convicted offender or offender. Affiliate with
#DNFBP #jewellary #property #RealEstate
0 Comments