Financial Services Financial Services

New bank regulation to prevent money laundering published in Brazil

By Ana Paula Candil
  • 23 Jan 2020 16:37
  • 23 Jan 2020 16:54
Banks will have to comply with a new regulation, published today by the Central Bank of Brazil, aimed at preventing their clients from using bank accounts to commit financial crime.

Financial institutions operating in the country have until July 1 to comply with the new rules, which were published

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Ana Paula Candil

Senior Correspondent, Latin America

Ana Paula joined MLex in Brazil in 2014 writing about antitrust investigations and merger reviews. Prior to that, she worked for several trade publications and in TV. She lived in Washington DC, where she worked for Al Jazeera English in 2010. She studied journalism and holds a postgraduate diploma in International Business Management from the George Brown College in Toronto and a Master of Business Administration diploma in government relations from Fundação Getúlio Vargas (FGV).

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