Category: Due Diligence

Every year Panama finds its way back onto the OECD grey-list or blacklist for failure to comply with new requirements

In the week following the New Year holidays, Panama adopted Law 124 (2020). This law introduces a new independent office

AML rules & enforcement In July 2017 the Indendance for the Supervision & Regulation of Non-Financial Persons adopted resolution JD-REG-001-17.

Opening Corporate bank accounts in Panama Last week, our post dealt with opening personal bank accounts in Panama. This week,

Last year Panama had many changes in the financial sector:  the Panama papers scandal lead to greater international pressure for

If you read Panama’s recent headlines, you might be forgiven for thinking that all we have here are scandals and

In recent years, the fight against money laundering has gained importance in the priorities of many countries. Moved by FATF,