PANAMA LISTS VENEZUELAN PEP

The Caracas Chronicles on 30th March reported that Panama has adopted the lists published by other countries about Venezuelan citizens (natural, judicial or final beneficiaries) politically exposed (PEP) to money laundering and the financing of terrorism, in order to prevent these crimes. The Panamanian National Committee against Money Laundering, Financing of Terrorism and the Proliferation of Weapons of Mass Destruction issued 2 resolutions, one about the prevention of acts of terrorism by the UN Security Council, and another urging the countries to adopt policies and procedures to limit PEP operations and transactions. In the case of Venezuela, about 55 natural persons and 16 companies have been listed.  Panama is the first Latin American country to adopt measures against Venezuelan government officials.  The article lists some of the names included.

https://www.caracaschronicles.com/2018/03/30/panamas-purge/?src=ilaw

The document containing the list can be seen at –

http://rijock.blogspot.com/

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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