Authorities of the International Financial and Fiscal Directorate (Deffi) of the Ministry of Economy and Finance (MEF), held a meeting with the administration of the Colon Free Zone (ZLC) with the purpose of strengthening inter-institutional communication on the prevention of money laundering and terrorist financing, as well as communicating regarding the actions carried out by the country with a view to the exclusion of Panama from the international lists.
Participating in the meeting were Isabel Vecchio, director of the Deffi and Technical Secretary of the National Commission against Money Laundering, Terrorism Financing and Financing the Proliferation of Weapons of Mass Destruction (CNBC), Vivian Valdés, Coordinator on OECD issues / DEFFI EU; Giovanni Ferrari, ZLC administrator and Mario Hoyte, ZLC advisor, highlights the MEF press release.
Vecchio shared about the initiatives that promotes the Government in matters of compliance related to the prevention of money laundering, financing of terrorism and proliferation of weapons of mass destruction, such as Law 254 of November 11, 2021, which establishes the formation of inter-institutional working groups to comply with international provisions and strengthen the country’s financial system.
For its part, Ferrari He shared initiatives carried out by the ZLC with a view to strengthening the controls of the free trade zone.
Old y Ferrari, reaffirmed the commitment at the highest level of the Government to obtain that Panama is excluded from the international lists.