AML/CFT Activities

Panama AML CFT Activities

As of June 2020, Panama has been part of the European Commission’s list of high-risk third countries with regards to anti-money laundering and counter-terrorist financing (AML/CFT). This means the country is considered as “having strategic deficiencies in their AML/CFT regime, also based on the fact that these countries were identified in the FATF document ‘Improving Global AML/CFT Compliance: on-going process statement’.”

The training and activities conducted by the EU Global Facility on AML/CFT seek to rectify Panama’s strategic deficiencies in its national anti-money laundering and counter-terrorist financing framework. as defined under the Fourth and Fifth Anti-Money Laundering Directives.

In March 2021, the EU Global Facility received a request for technical assistance on Beneficial Ownership (BO) and Law Enforcement Agencies (LEA) from Panama. A month later, a work programme was shared with the country, followed by the kick-off of activities in May. A set of e-training sessions and mentoring activities has been delivered over the next six months.

In October 2021, the EU GF team conducted a scoping mission to Panama to draft a plan of action for the future.

From May 2021 to October 2022, 10 TA activities were delivered by the EU GF to Panama, reaching 195 participants onsite and around 500 online.

Bilateral Activities

Starting date
May 2021

Topics

  • Ultimate Beneficial Ownership
  • Parallel Investigations
  • Financial Intelligence into Evidence
  • Cash Smuggling
  • ML/Tax crime 
  • Tax Offence
Focus on Panama

News

(ES) Conferencia Regional: Marco de revelación de información del beneficiario final y análisis de riesgo de vehículos corporativos en la región del GAFILAT
20 de noviembre de 2022
(ES) Panamá avanza en la lucha contra el lavado de dinero - DiaADia
10 de octubre de 2022
(ES) Panamá se prepara para optimización y uso de la Guía de Beneficiarios Finales - ANP
10 de octubre de 2022
(ES) Panamá refuerza su sistema contra el blanqueo de capitales, de cara a su salida de la lista del Gafi - La Estrella
10 de octubre de 2022
(ES) Panamá reitera sus avances y compromiso para salir de la lista de GAFI
10 August 2022
Panamá presenta operatividad de su Registro Único de Beneficiarios Finales
19 April 2022