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AML LEGISLATION – POCA
AML LEGISLATION – POCA
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POCA (The Prevention of Organised Crime Act) No 121 of 1998This Act introduces laws that work against organised crime and gang activities, with a special focus on money-laundering and racketeering or illegal business activities. Crimes related to gangs, money-laundering or racketeering can be prosecuted in terms of this Act, even if the crime was committed before the Act came about, or if it was committed by a South African in another country.