SANTO DOMINGO.– For the sixth consecutive year, Banco Santa Cruz organized the Money Laundering Prevention Week, offering its employees a series of activities focused on training, awareness, and recognition regarding Law 155-17, which regulates Money Laundering and the Financing of Terrorism in the country.
During the month of November, the financial entity developed specialized sessions with the participation of the following speakers such as Aileen Guzmán, general director of the Financial Analysis Unit (UAF), who presented the topic "Advances of the Dominican Republic in the Prevention of Money Laundering FT/PADM."
Likewise, José E. De Pool, AML PLAFT director of the Superintendency of Banks (SIB), who presented the virtual conference entitled: “The regulator facing PLAFT and how business lines can cooperate with its role” and Robert Mustafá, expert in the prevention of money laundering with the topic “Why is it important to know the Ultimate Beneficial Owner?”.
In addition to these conferences, Banco Santa Cruz employees had the opportunity to test their acquired knowledge through training sessions, trivia games, and various interactive activities, according to a press release.
Bank executives. (EXTERNAL SOURCE).
The document highlights that Banco Santa Cruz's Money Laundering Prevention Week reflects the entity's ongoing commitment to strengthening the culture of prevention among its employees and in all operations it carries out for its clients and society in general.
For the financial institution, training and raising awareness among its staff about the risk of money laundering is fundamental, ensuring that everyone has the necessary information and knowledge to identify and report irregularities or unusual transactions that could compromise the institution's reputation.
Banco Santa Cruz began operations in November 1999 and has a complete portfolio of products and services aimed at serving its more than 400,000 personal and business clients, from 49 business centers nationwide.
