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What are the main legal risks that must be evaluated in due diligence in Mexico?
In due diligence in Mexico, it is essential to identify legal risks related to pending litigation, contractual disputes, industry-specific regulations and any legal issues that may affect the transaction. The history of lawsuits and arbitrations should also be reviewed to evaluate possible legal contingencies that could impact the business.
How do Colombian financial institutions address financial inclusion when implementing KYC processes?
Financial institutions in Colombia can promote financial inclusion by simplifying KYC procedures. This could include accepting non-traditional documents for people without access to standard IDs, as well as using mobile technologies to facilitate identity verification in remote areas.
What is the process for notifying authorities if a suspicious transaction related to a PEP is identified?
Financial institutions must notify the Financial Intelligence Unit (FIU) and provide details of the suspicious transaction, which initiates an investigation by authorities.
What is the deadline to challenge paternity in Ecuador?
The period to challenge paternity in Ecuador is two years from the moment in which there is knowledge of the lack of coincidence between the biological father and the legal father. However, there are exceptions in cases of fraud or violence that could extend this period.
How is the prevention of terrorist financing addressed in the field of commercial and business activities in El Salvador?
The prevention of terrorist financing in the field of commercial and business activities in El Salvador is addressed through the application of due diligence measures. Controls are established in commercial transactions, the identification of clients and suppliers is promoted, and security protocols are applied to prevent possible cases of terrorist financing through commercial activities. In addition, collaboration between the business sector and the competent authorities is encouraged to strengthen the detection and prevention of possible risks associated with the financing of terrorism in the business environment.
How can I request a certificate of employment status in Guatemala?
To request proof of employment status in Guatemala, you must go to the Guatemalan Social Security Institute (IGSS) and submit an application, providing the required information, such as your membership number, employer name, and work period. The IGSS will issue proof of employment status once the process is completed.
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