Belgium Government Promulgates Guidelines on Money Laundering

On July 17, the Banking and Finance Commission (hereafter the "Commission") of the Belgian Government promulgated international money laundering guidelines.  The guidelines were issued as a result of the Belgian money laundering law of July 17, 1990, the money laundering guidelines of the "Basel Committee" of December 12, 1988, the June 10, 1991 directive of the European Communities, and the European Laundering Convention.