Member of the Financial Action Task Force? Yes.
On FATF blacklist? No.
Member of Egmont? Yes.
Legislation on prevention of money laundering activitiesThe set of rules oriented to prevent the development of money laundering activities in the Republic of Argentina is embodied in Law No. 25,246, as amended, enacted on May 5, 2000 and regulated by Executive Order No. 290/07. The law states that the concealment of assets shall be considered as money laundering when such assets arise from the following criminal activities:crimes related to drug traffic and drug trade;
crimes related to gunrunning;
crimes committed by unlawful organizations;
politically or racially oriented crimes committed by unlawful organizations;
crimes that involve fraud against the public administration;
crimes related to child pornography and prostitution of minors; and
financing of terrorism.The law: creates and organizes the financial information unit;
stipulates the entities and individuals
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