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What regulatory measures apply to banking correspondents in El Salvador in relation to KYC?
Banking correspondents must apply controls and procedures to ensure compliance with KYC regulations both in El Salvador and in the jurisdictions where they operate.
How are background checks handled in cases of remote employees or teleworkers in Colombia?
For remote employees, background checks are still essential. Companies can employ secure technologies to collect necessary information and ensure that remote employees comply with company standards and Colombian regulations.
What is the impact of KYC on the inclusion of vulnerable populations in the financial system in Peru?
KYC in Peru seeks to balance security with financial inclusion, implementing measures that facilitate the participation of vulnerable populations. Simplified or alternative identity verification procedures can be established to ensure that everyone has access to financial services securely.
What is the Capital Gains Tax in Peru?
The Capital Gains Tax in Peru applies to profits obtained from the sale of assets, such as real estate, stocks, bonds and other securities. Tax rates may vary depending on the type of asset and holding period. In the case of the sale of real estate, a progressive rate may be applied that decreases over time of ownership. Capital gains are calculated by subtracting the acquisition cost from the sales price. It is important to declare and pay this tax in Sunat according to current regulations.
What are the rights of children in cases of separation or divorce of parents in Venezuela?
In cases of separation or divorce of parents in Venezuela, children have the right to maintain a meaningful relationship with both parents, to receive adequate care and attention, to alimony and to be heard in matters that affect them, in accordance with their age and maturity.
How are KYC needs addressed in large-scale financial transactions, such as mergers and acquisitions, in Argentina?
KYC needs in large-scale financial transactions, such as mergers and acquisitions, are addressed by implementing specialized processes. In these cases, financial institutions perform more extensive due diligence, verifying the identity of the parties involved, the corporate structure and other relevant details. Close collaboration with regulators and information sharing are also critical to ensuring regulatory compliance in these complex transactions.
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