24th Parliamentary Intelligence-Security Forum – Illicit Finance
Honorable Isabel Perez explained that the financial analysis unit of Panama has been working a lot in 2022 and 2023 on the focus of training on specific issues related to the quality of suspicious transaction reports. Hon. Pérez commented that the principal reason for the trainings is the importance of having sufficient and quality information to prepare a financial intelligence report and send it to the public ministry so that the corresponding investigation can be initiated. Honorable Pérez explained that illicit financing is basically the use of capital from the activities of criminal organizations; she commented that these criminal organizations are related to money laundering, financing of terrorism, the destruction of mass weapons, and all those crimes of destruction are present in the present-day money laundering that is established in the penal code of the
Republic of Panama. Honorable Perez also explained that fragile crimes are intended to be introduced into the economic and professional financial platform of Panama and across borders.
