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LAW OF THE REPUBLIC OF ARMENIA

of June 17, 2021 No. ZR-255

About entering of amendments into the Law "About Credit Institutions"

Accepted by National Assembly of the Republic of Armenia on June 3, 2021

Article 1. In article 10 of the Law of May 29, 2002 No. ZR-359 "About credit institutions":

Heading after the word "restrictions" to add 1) with the words "and real beneficiaries";

To add 2) with part 3 following of content:

"3. The credit institution shall represent the information about persons who are real beneficiaries of credit institution on signs the established Law of the Republic of Armenia "About anti-money laundering and terrorism financing", to the Central bank according to the requirements established by the regulatory legal acts established by the Central bank.".

Article 2. This Law becomes effective for the tenth day after its official publication.

President of the Republic of Armenia

A. Sargsyan

 

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