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What is the due diligence process that financial institutions in Costa Rica must follow when dealing with PEP?
The due diligence process that financial institutions in Costa Rica must follow when dealing with Politically Exposed Persons (PEP) involves identifying clients who are PEPs and evaluating the risks associated with their transactions. This involves obtaining additional information about the source of funds and the purpose of the transaction, as well as continually monitoring the financial activities of the PEPs. Financial institutions must apply additional control and supervision measures.
What role do banks and other financial institutions play in the fight against money laundering in Venezuela?
Financial institutions, such as banks, play a crucial role in the fight against money laundering in Venezuela. They are required by law to implement due diligence measures, know their clients, report suspicious transactions and collaborate with authorities in the investigation of possible cases of money laundering. However, in practice, corruption and the lack of effective controls have made it difficult for financial institutions to prevent money laundering in the country.
How does the Attorney General's Office of the Republic of El Salvador collaborate in the control and monitoring of disciplinary records?
The Prosecutor's Office may have a role in the investigation of cases related to disciplinary records.
What are the laws that address the crime of concealment in Guatemala?
In Guatemala, the crime of concealment is regulated in the Penal Code. This legislation establishes sanctions for those who, with knowledge of the commission of a crime, hide, protect, assist or facilitate the impunity of the perpetrator. The legislation seeks to prevent and punish complicity in the commission of crimes, ensuring accountability and justice.
What are the main methods used for money laundering in the Argentine financial system?
In Argentina, common money laundering methods include the use of fictitious companies, false business transactions, and the manipulation of accounting documents. Furthermore, the real estate sector and the stock market can also be used for this purpose.
How do embargoes affect research and development of technologies for adaptation to climate change in Bolivia?
Embargoes can affect the research and development of technologies for adaptation to climate change in Bolivia, impacting the resilience of communities in the face of extreme climate events. Projects aimed at early warning systems, sustainable building technologies and environmental education programs may be at risk. During embargoes, it is crucial to implement precautionary measures that allow the continuity of essential projects for the implementation of technologies that address the challenges of climate change during the embargo process. Collaboration with government entities, the review of climate adaptation policies and the promotion of investments in technologies for resilience are essential to address embargoes in this sector and contribute to the protection of vulnerable communities in Bolivia.
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