Publications - Banking and Finance
Spain: The Business Creation and Growth Law introduces changes into the anti-money laundering and counter-terrorism financing law
Business Creation and Growth Law 18/2022, of September 28, 2022 published in the Official State Gazette on September 29, 2022, reforms Anti-Money Laundering and Counter-Terrorism Financing Law 10/2010 in its financial provision two.
Evolution of non-traditional project finance in Latin America
In recent years, project finance has gained in importance for funding private projects across a range of industries in Latin America. Due to presenting a number of advantages in its structure, this new mechanism has replaced typical corporate…
Internal control bodies: EBA publishes new guidelines on role and responsibilities of the compliance officer
The goal is to ensure a common understanding and implementation of the requirements by compliance officers to avoid uneven implementation of measures across the European Union.
Money laundering in the NFT market
The non-fungible tokens (NFT) market presents similar money laundering risks to the traditional money laundering model used in the art market.
Anti-Money Laundering Newsletter - July 2022
Main new legislation and news in relation to Anti-Money Laundering and combating Terrorism Financing (AML/TF).
The complex structuring of credit transactions with cryptocurrencies in Colombia
Virtual currencies or cryptocurrencies are not yet regulated in Colombia. This raises myriad questions when studying the possibility of structuring a credit agreement with cryptocurrencies in Colombia. In this article, we discuss the key issues to…
NPLs and REOs in Spain, Portugal and LatAm: more securitizations and transactions in Southern Europe
NPL transactions continued in the first quarter of 2022. Spain and Portugal were the most active jurisdictions with our Madrid, Barcelona and Lisbon offices playing a leading role.
Peru encourages the entry of new participants in the local financial system
The recent amendment to the law governing the financial system in Peru includes key measures that promote the participation of new entities in the sector. In this way, it promotes the diversification of the supply of local financial services,…
Anti-Money Laundering Newsletter - February 2022
Bank of Spain’s new register for virtual currency exchange and custodian wallet providers now fully up and running
Individuals or legal entities will have to be registered where the services linked to virtual currencies are located in Spain.
Anti-Money Laundering Newsletter - November 2021
Main new legislation and news in relation to anti-money laundering and combating terrorism financing (AML/CTF) - 3Q21.
NPL and REO transactions continue to take off in Latam, Spain and Portugal
NPL transactions continued to take off in the third quarter of 2021. A growing interest in NPL securitizations has been perceived, especially in Spain. In Europe, meanwhile, talks continue on two key topics: the draft directive on credit purchasers…