AUTHORITIES AGREE MECHANISMS AGAINST MONEY LAUNDERING With these legal advances Panama confirmed its status of cooperating country in the fight against money laundering. The essence of form and substance of two bills on money laundering and international cooperation, were part of the topics addressed this Friday by the Minister of Economy and Finance, Dulcidio De La Guardia, the vice-minister of Finance, Eyda Varela de Chinchilla, and Attorney-General, Kenya Porcell, who gathered at the headquarters of the Ministry of Economy and Finance (MEF). De La Guardia explained that with these legal advances Panama confirmed its status of cooperating country in the fight against money laundering and the financing of terrorism and applies some of the recommendations given by the Financial Action Task Force (FATF). For its part, the head of the Public Ministry, Kenya Porcell, reiterated her willingness to collaborate in pro of the Panamanian justice and indicated that will rotate instructions for both of these bills are reviewed and that are consistent with what establishes the Penal Code and Panamanian tax. The attorney general took the opportunity to reveal part of the needs facing the Public Ministry, such as the lack of a budget for a fair wage readjustment to valuable staff of the institution, the creation of new public prosecutor’s offices at the country level and the implementation of the accusatory system in the month of September in the province of Chiriqui. During the meeting, also were addressed issues relating to tax evasion and the Government's plan of action.
© Copyright 2024 ExpyDoc
