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What are the obligations of financial institutions in relation to Politically Exposed Persons in Mexico?
Mexico Financial institutions in Mexico have the obligation to implement due diligence measures to identify Politically Exposed Persons with whom they carry out transactions. This involves continually monitoring the financial activities of these individuals, reporting suspicious transactions, and maintaining up-to-date records.
How is risk list verification addressed for transactions involving customers with higher risk profiles, such as those conducting large-scale business operations?
Risk listing screening for transactions involving customers with higher risk profiles is addressed through enhanced due diligence requirements. Anti-money laundering and terrorist financing laws establish specific guidelines for the identification and verification of high-risk clients. Financial and non-financial entities must apply additional measures, such as more exhaustive review of transactions and constant updating of information related to these clients.
What is Costa Rica's policy regarding the promotion of rural and community tourism?
Costa Rica has a policy to promote rural and community tourism. Measures have been established to promote tourism in rural communities, promoting the participation of local communities in the planning and management of tourism, the valorization of their culture and traditions, and the generation of employment and economic opportunities.
What is the process for reviewing and updating the PEP list in Costa Rica?
The process of reviewing and updating the list of Politically Exposed Persons (PEP) in Costa Rica is usually the responsibility of the Financial Analysis Unit (UAF) or other competent authority. The list is updated regularly to reflect changes in political and public positions. In addition, financial institutions are also required to identify PEPs in their own operations and update their internal list accordingly.
What is the situation of equal access to mental health in Argentina?
Argentina has made progress in terms of equal access to mental health, with the implementation of policies and programs that promote the prevention, treatment and rehabilitation of mental disorders. Mental health services have been established in hospitals and primary care centers, as well as community care and suicide prevention programs. Although there has been progress, challenges remain in terms of social stigma, lack of resources, and unequal access to mental health services in Argentina.
What is the Tax on Foreign Remittances in the Dominican Republic and when is it applied?
The Tax on Foreign Remittances in the Dominican Republic applies to remittances sent from the country abroad. Rates vary depending on the amount of the remittance. Senders must be aware of tax rules and limits to meet their tax obligations when remitting abroad.
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