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What are the legal consequences of the crime of sexual abuse in El Salvador?
Sexual abuse is punishable by prison sentences and fines in El Salvador. This crime involves any act of a sexual nature carried out without the consent of the victim, which seeks to prevent and punish to protect the sexual integrity of people and guarantee justice for the victims.
What is the review and approval process for new financial products in relation to KYC in the Dominican Republic?
The review and approval process of new financial products in relation to KYC in the Dominican Republic involves the evaluation of financial institutions and the authorization of regulatory entities. When a financial institution wants to introduce a new product or service, it must undergo an internal review to ensure that it complies with KYC and other applicable regulations. Then, you must present the proposal to the corresponding regulatory entity, such as the Superintendency of Banks, the Superintendence of Securities or the Superintendency of Insurance, for approval. The regulatory entity will review the product to ensure that it meets KYC standards and does not present significant risks in terms of money laundering or terrorist financing. If approved, the institution can proceed to launch the new product on the market. This review and approval process is essential to ensure that new financial products comply with KYC regulations and contribute to the prevention of illicit activities.
What happens if a financial institution in Guatemala does not report a match to a risk list?
If a financial institution in Guatemala fails to report a match to a risk list, it may be subject to sanctions, including fines and other disciplinary measures. Notification is essential for the prevention of illegal activities and is a legal requirement.
What is the contribution of the Institute of Judicial Studies in training on the management of judicial files for professionals in the legal field?
This institute can provide training and educational programs aimed at professionals in the judicial system to improve file management.
What has been done to prevent and address female genital mutilation in Panama?
In Panama, actions have been implemented to prevent and address female genital mutilation. Protection laws and policies have been strengthened, awareness and education programs have been created in affected communities, and work has been done in collaboration with international organizations to promote the elimination of this practice.
How is the prevention of money laundering addressed in Chile's non-financial sector?
The prevention of money laundering in Chile's financial sector involves the implementation of specific regulations and policies. Companies and non-financial entities must comply with due diligence obligations, report suspicious transactions and maintain transaction records. The Financial Analysis Unit (UAF) plays a role in supervising and monitoring these entities to ensure compliance with regulations.
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