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How are KYC challenges addressed in the area of online banking and mobile financial applications in Chile?
In the field of online banking and mobile financial applications in Chile, digital and advanced KYC methods, such as biometric identification, are used to ensure security solutions and convenience for users.
What is the process for reporting suspicious transactions in Paraguay within the KYC framework?
In Paraguay, financial institutions and other obligated entities must report to SEPRELAD any transactions suspected of money laundering or terrorist financing. There is a specific procedure to present these reports and collaborate in subsequent investigations.
What does the Paraguayan government take to guarantee compliance with food obligations in cases of non-compliance?
The Paraguayan government can take measures such as the application of legal sanctions, mediation and the implementation of social policies to guarantee compliance with food obligations in cases of non-compliance, seeking to protect the rights of beneficiaries.
What is "abuse of dominant position" in money laundering and how is it addressed in Mexico?
Mexico "Abuse of dominant position" in money laundering refers to the use of companies or individuals that have significant control in certain sectors or business areas to carry out money laundering activities. These people or entities take advantage of their position of power to hide and launder illicit funds. In Mexico, abuse of dominant position is addressed through the implementation of stricter regulations and controls in vulnerable sectors. Investigations are carried out and sanctions are applied to those who engage in money laundering activities using their dominant position. Likewise, transparency and competition in the markets are promoted to prevent abusive practices and reduce opportunities for money laundering.
What is the adoptive filiation action in Mexican civil law?
The adoptive filiation action is the legal process through which the paternity and filiation relationship between an adopter and an adoptee is legally established.
What is the list of sanctioned persons and entities in the Dominican Republic and how is it maintained?
The list of sanctioned persons and entities is a tool that lists those individuals or entities with links to illicit activities. It is periodically updated by the competent authorities
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