Recommended articles
What regulations apply to casinos and gaming companies regarding due diligence in Costa Rica?
Casinos and gaming companies in Costa Rica are subject to specific due diligence regulations. They must carry out the identification of clients, the collection of information on the origin of funds and the submission of suspicious transaction reports. This is done to prevent money laundering in these activities.
How are the judicial records of people who were acquired in Peru managed?
The judicial records of people acquired in Peru may remain part of their record unless their cancellation is requested. In some cases, acquired individuals may qualify for expungement of their records, as long as they meet established legal requirements.
What is the role of technology in compliance in Chile?
Technology plays a growing role in Chilean compliance by facilitating process automation, compliance monitoring, data management and irregularity detection. Companies use software and technological tools to strengthen their compliance programs.
What are the laws related to drug trafficking in Bolivia?
Bolivia has strict laws against drug trafficking. The Controlled Substances Law and its amendments establish penalties for the production, trafficking and possession of illegal drugs. The penalties are significant and vary depending on the amount and type of substances.
What are the ethical challenges in the recovery of assets linked to money laundering in Costa Rica?
Ethical challenges include equity in asset recovery and fair distribution of recovered resources, generating debates about ethics in the application of confiscation and recovery measures.
How is the supervision of non-financial sectors, such as casinos, real estate and precious metals trading, carried out in the prevention of money laundering?
Supervision of non-financial sectors is carried out through the application of specific measures, such as customer identification, suspicious transaction reporting and audits. Paraguayan authorities closely monitor these activities to prevent misuse with money laundering fines.
Other profiles similar to Isaias Jota Mora Corredor