PanamaThe U.S. Embassy in Panama announced the signing of a memorandum of understanding establishing an Anti-Money Laundering/Anti-Corruption Task Force consisting of Panamanian prosecutors, law enforcement, and regulatory officials to be trained by the FBI.
The Financial Action Task Force of Latin America published a second enhanced follow-up report of Panama’s anti-money laundering and counterterrorist financing regime, highlighting that the country was re-rated on four Financial Action Task Force Recommendations.
Taiwanese national accused of fraudulently obtaining and laundering COVID-19 loans, German investigators raid banks in tax probe, and more, in the midweek roundup.
U.S. officials prepare sanctions against Iraq, Ireland’s central bank declines beneficial-ownership role, and more, in the midweek roundup.
0 Items Found
| Technical | Effectiveness |
|---|---|
| Compliant : 15 | High : 0 |
| Largely Compliant : 23 | Substantial : 2 |
| Partially Compliant : 2 | Moderate : 6 |
| Non-Compliant : 0 | Low : 3 |
A "graylisted" country as of June 21, 2019. Panama's technical compliance was most recently re-rated in an Aug. 22, 2019 follow-up report
| Rank : 36/141 |
| Score : 5.96/10 |
| Rank : 101/180 |
| Score : 36/100 |
| Rank : 15/133 |
| Score : 72/100 |