Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions)
Ordinance
- (b) must make interim reports on the investigation to the relevant authority as soon as reasonably practicable after being required by the relevant authority to do so.
(9) An investigator must, as soon as reasonably practicable after he or she completes the investigation, make a final report on the investigation to the relevant authority.
(10) A relevant authority may, with the consent of the Secretary for Justice, publish a report made under this section.
13. Offences for non-compliance with requirements imposed under section 12
(1) A person commits an offence if the person, without reasonable excuse, fails to comply with a requirement imposed on the person under section 12(2), (3), (4) or (5).
(2) A person who commits an offence under subsection (1) is liable—
- (a) on conviction on indictment to a fine of $200,000 and to imprisonment for 1 year; or
- (b) on summary conviction to a fine at level 5 and to imprisonment for 6 months.
(3) A person commits an offence if the person—
- (a) in purported compliance with a requirement imposed on the person under section 12(2) or (3), produces any record or document, or gives any answer, response, explanation or further particulars, that is or are false or misleading in a material particular; and
- (b) knows that, or is reckless as to whether, the record or document, or the answer, response, explanation or further particulars, is or are false or misleading in a material particular.
(4) A person who commits an offence under subsection (3) is liable—
