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How is KYC information handled for clients who are politically exposed persons (PEP) in the Dominican Republic?
The management of KYC information of clients who are politically exposed persons (PEP) in the Dominican Republic is carried out with an additional level of scrutiny and surveillance. PEPs are individuals who hold or have held important public positions, and represent a greater risk in terms of money laundering and terrorist financing. Therefore, financial institutions must establish specific procedures for the identification, verification and monitoring of PEP clients. This may include regular review of KYC information, as well as notification to the Financial Analysis Unit (UAF) in case of suspicious transactions. Due diligence in the case of PEP clients is essential to prevent the misuse of financial services for illicit purposes
What is the importance of due diligence in real estate transactions in Costa Rica?
Due diligence in real estate transactions in Costa Rica is essential to prevent money laundering and guarantee the legality of the transactions. Real estate agents and real estate professionals must identify buyers and sellers, collect information on the source of funds, and report any suspicious activity. This is key to prevent the real estate sector from being used for illicit activities.
What is the process for the declaration and treatment of tax losses in Bolivia?
Tax loss treatment in Bolivia involves reporting these losses in the tax return, and companies can use them to offset future income, thus reducing the tax burden in profitable periods.
Can I request the cancellation of my judicial record in Peru if I have been convicted of a crime related to document falsification but I have rectified my conduct and have not engaged in illegal activities again?
If you have been convicted of a crime related to the falsification of documents but you have rectified your behavior and have not engaged in illegal activities again, you may be able to request the cancellation of your judicial record in Peru. The rectification of your conduct and the absence of criminal recidivism are factors that are considered when evaluating the cancellation of records. However, it is advisable to seek legal advice to evaluate your specific situation and determine if you meet the requirements to request cancellation.
What is the investigation process for fraud crimes in social assistance programs in the Dominican Republic?
The investigation of fraud crimes in social assistance programs in the Dominican Republic involves the Attorney General's Office and collaboration with audit agencies. The aim is to identify people or entities that commit fraud in the distribution of social aid and legal measures are taken.
What are the laws that address the crime of environmental pollution in Guatemala?
In Guatemala, the crime of environmental pollution is regulated in the Penal Code and the General Environmental Law. These laws establish sanctions for those who contaminate the air, water, soil or other elements of the environment, causing damage or harm to the ecosystem, human health or natural resources. The legislation seeks to protect the environment, promoting sustainable and environmentally responsible practices.
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