Panama’s SSNF formalises anti-money-laundering guidance for supervised professionals
Panama’s Superintendency of Non-Financial Subjects formalised an agreement setting anti-money-laundering and counter-terrorist-financing guidance for supervised professionals. The agreement clarifies obligations for lawyers and accountants acting as resident agents, including risk assessment, mitigation, understanding clients’ businesses and establishing their financial and transactional profiles, the Ministry of Economy and Finance said.
The guidance clarifies compliance obligations for supervised professionals, including those providing resident-agent services.