Law to Combat Money Laundering

Jordan - Sunday, May 6, 2007

Jordan’s Chamber of Deputies, convened in a special summer session, passed the Law to Combat Money Laundering on May 6, 2007. The law includes a wide variety of offenses, such as drug and human trafficking, arms smuggling, and prostitution, and imposes severe penalties for all involved, not just the perpetrator, of up to five years of prison with hard labor and fines of over $1 million. The law establishes a government body to monitor any violations.