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What is the importance of due diligence in financial and market risk management in the agro-export sector in Argentina?
In the agro-export sector, due diligence should focus on financial and market risk management. This involves reviewing exposure to fluctuations in commodity prices, evaluating financial risk management, and ensuring adaptability to changes in global economic and climatic conditions. In addition, it is essential to understand how the company strategically positions itself in international markets and manages variations in demand and supply.
What is the role of lawyers and notaries in preventing money laundering in Colombia?
Lawyers and notaries play a crucial role in preventing money laundering in Colombia. These professionals are subject to rules and regulations that require them to perform due diligence in the legal transactions in which they participate. Their responsibility includes verifying the identity of clients, examining the legality of funds and reporting any suspicious activity. In addition, they must comply with confidentiality requirements and collaborate with authorities in the prevention and detection of money laundering.
What is the usual frequency of updating background records in El Salvador?
Background records are updated regularly, although the exact frequency may vary depending on the entity and type of background in El Salvador.
How is the seller's responsibility established in the event of delivery of damaged or incomplete products?
The seller's responsibility in Paraguay in case of delivery of damaged or incomplete products is governed by Law No. 1334/98 on Consumer Protection. If a product is delivered in non-conforming conditions, the seller is responsible for remedying the situation. The consumer has the right to demand repair, replacement of the product or a refund. It is essential that sellers fulfill their obligations to ensure consumer satisfaction.
What are the legal consequences of tax evasion in Argentina?
Tax evasion in Argentina is considered a serious crime and is punishable by law. Those individuals or entities that evade taxes may face financial penalties, such as paying fines and interest, as well as prison sentences in more serious cases. In addition, they may be subject to investigations and audits by the tax authority.
What institutions are responsible for combating money laundering in the Dominican Republic?
In the Dominican Republic, the Financial Analysis Unit (UAF) is the institution in charge of preventing and combating money laundering. There are also other institutions such as the Attorney General's Office and the Superintendency of Banks that play an important role in the fight against this crime.
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