Five major changes are proposed in the draft amendments to the Law on Prevention and Eradication of Money Laundering, which is now processed at the Assembly.
The plenary of this body yesterday discussed the document in the debate. Among the most important reforms it is to include one more article in the Integral Penal Code which penalizes tax fraud through third parties.
Another change is made to the Financial Analysis Unit (UAF), which currently depends on the Attorney General´s office. The amendment to the Law makes the UAF an autonomous body attached to the Coordinating Ministry of Economic Policy and will also change its name for Unit of Financial and Economic Analysis (UAFE).