Banks and Financial Services | Prevention of Money Laundering and Financing of Terrorism

June 30 is the deadline for submitting the Annual Report of the External Auditor before SEPRELAD.

The goal of this report is to enable the External Auditor to verify the effectiveness and compliance of the Anti-Money Laundering and Terrorism Financing Prevention System (ML/FT), implemented by the reporting person, verifying due compliance with the legal and regulatory provisions applicable to ML/FT risks.

It is important to mention that this expiration applies only to those reporting persons, who must meet a regulatory framework based on ML/TF risk management.

It should be noted that, to issue this report, the External Auditor must be registered at a public registry in SEPRELAD, upon meeting certain mandatory academic and professional requirements.

For further information, we at BKM|Berkemeyer along with LL Consultores, a Firm from the Lisicki Litvin & Asociados group which has established an strategic alliance with us, are available to arrange a virtual meeting to discuss the characteristics of this type of report, and any other issue that may be of your interest.