Law 155-17 Against Money Laundering, Terrorism Financing and Proliferation of Weapons of Mass Destruction defines us as Mandated Subjects; which obliges us to obtain from each client a due diligence process of our client, through which we verify information and documents required by law. This information is protected by the Client – Lawyers privilege and cannot be disclosed to third parties, except in the event that the client cannot demonstrate the Origin of their financial resources, in which case the law requires us to transmit the information to the Unit. Anti money laundering of the Attorney General’s Office.

The referred documents are relative to the identification and location of the client as well as the final beneficiary of the same, in case the client is not and the verification of the legality of the origin of his funds by means of a certification of the bank with which the client operates.

All these steps lead our law firm to always be at the forefront of the best professional and ethical practices to prevent money laundering as a result of the commission of any crime categorized by law as Money Laundering. In our condition of Obligatory Subjects we must maintain records of the due diligence or KYC, of ​​all our clients.

For further information, consult the Law in the Legislation section.

JM DE LA CRUZ & ASOCIADOS
LAWYER’S