Ecuador:
Activity Increase Linked To The Financial Analysis Information Unit (UIAF)
28 September 2017
Ferrere
To print this article, all you need is to be registered or login on Mondaq.com.
In 2016, there was a 32% increase in the presentation of
Suspicious Operations Reports (ROS) to the Financial Analysis
Information Unit (UIAF) of the Uruguay Central Bank.
According to the UIAF's annual report, in 2016, 96 requests
for information were received from foreign financial intelligence
units were received, which represented a 50% increase from the
previous year. The UIAF submitted 11 information requests to its
foreign counterparts.
The authorities estimate that this year will follow the same
trend regarding an increase in the UIAF's activity.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Finance and Banking from Ecuador
Mexican Reform Regarding Electronic Negotiable Instruments
Mayer Brown
On March 26, 2024, the President of Mexico published the reform passed by the Mexican Congress to the General Law of Negotiable Instruments and Credit Transactions (Ley General de Títulos y Operaciones de Crédito, "LGTOC").
Western Union And U.S. Dollars Return To Cuba
Duane Morris LLP
Western Union announced this week that it has resumed limited remittance services between the United States and Cuba. The pilot program allows for money transfers of up to $2,000 a day.