SANTO DOMINGO- As part of its training cycle, aimed at strengthening the knowledge of real estate brokers and professionals linked to the industry in the country, AEI, the Association of Real Estate Agents and Companies, invites those interested in the topic to the seminar "Prevention of Money Laundering and Financing of Terrorism in Real Estate Agents".
Tomorrow, Wednesday, September 7th, the talk will be held via video conference, free of charge, from 6 to 8 PM, and will feature a presentation by a representative of the General Directorate of Internal Taxes (DGII).
"We are pleased to bring this videoconference seminar to the real estate sector on this topic, which all agents and companies must be up-to-date on to ensure full compliance with their status as obligated parties," the AEI posted, encouraging everyone to take advantage of the opportunity.
The association, which represents real estate agents nationwide, thanked the government agency for its support in providing this and other training sessions that are essential for the ethical conduct of real estate professionals. Register by visiting the AEI's Instagram page.
Regarding the Money Laundering Law
Law 155-17 against Money Laundering and the Financing of Terrorism addresses the acts that constitute money laundering, the preceding or determining offenses and the financing of terrorism, as well as the applicable criminal penalties.
It also addresses special investigation techniques, mechanisms for international cooperation and judicial assistance, and precautionary measures applicable to money laundering and the financing of terrorism; the regime for the prevention and detection of money laundering operations, the financing of terrorism and the financing for the proliferation of weapons of mass destruction, determining the obligated parties, their obligations and prohibitions, as well as the administrative sanctions that result from their non-compliance.
It also addresses the institutional organization aimed at preventing the use of the national economic system in money laundering, the financing of terrorism and the financing of the proliferation of weapons of mass destruction.
About the AEI
The AEI has been founded for 32 years, promoting the training and professional development of real estate agents and the unity of the sector.
“Our efforts are directed towards the companies affiliated with our association and society with the aim of serving as an intermediary and facilitator in the relationships of the companies that make up the real estate sector, seeking to avoid unfair competition, putting into practice the principles prescribed in our Code of Ethics.”.
Its purposes include regulating and creating the basis for joint ventures, preventing unfair competition through its disciplinary conciliatory power, promoting cooperation among its members, disseminating information to keep its members up-to-date, offering technical assistance through courses and workshops, striving for uniformity in the forms and documents used in carrying out operations, and supporting the legitimate interests of its members by providing the necessary professional assistance and guidance, among others.
