Regulatory Alerts2019-05-28
Added · Updated
Appendix on Indicators of Personal Account Exploitation for Commercial and Remittance Purposes
The document establishes specific indicators for detecting the exploitation of personal accounts for commercial activities, money exchange, and financial transfers. It details red flags across customer identification, transaction patterns, cash operations, credit cards, remittances, and electronic banking services. The text also clarifies that lawyers and doctors are exempt from Commercial Register requirements for private practices unless forming a company or health center.
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