Financial Entities

• ASSESSING RISKS & APPLYING A RISK BASED APPROACH. The first of the FATF recommendations GAFI. 
• PERSONNEL TRAINING. Annual training.   Basic, Intermediate or Advanced.
• AUDIT. Obligation of an annual audit. 
• COMPLIANCE HANDBOOK. This document requires frequent improvements and updates during the year.
• COMPLIANCE OFFICER SUPPORT. The Compliance Officer has to carry out several relevant tasks.

Vulnerable Activities

• CASH LIMITS. Do not carry out cash transactions above the established limits. 
• REPORT INFORMATION TO SAT. Any transaction above the established limit shall be reported to SAT.
• CUSTOMER IDENTIFICATION. Obligation of identifying customers that perform transactions above specific amounts.