Corruption, Drug Trafficking and Other Serious Crimes Act (Confiscation of Benefits), 1992 (CDSA)

Corruption, Drug Trafficking and Other Serious Crimes Act (Confiscation of Benefits), 1992 (‘CDSA’) is the primary regulation imposing a statutory obligation on designated entities to report a suspicious transaction to the authorities.

Corruption, Drug Trafficking and Other Serious Crimes Act (Confiscation of Benefits), 1992 (CDSA Act) is enacted to provide for the confiscation of benefits derived from, and to combat, corruption, drug trafficking, and other serious crimes and for purposes connected therewith.