Panama's National Coordinator to GAFILAT and Technical Secretary of the National Commission against Money Laundering, Terrorist Financing and the Financing of the Proliferation of Weapons of Mass Destruction, Isabel Vecchio has just ratified Panama's commitment to Gafi for its progress and its commitment to get off its discriminatory list.

Panama reiterated its progress and commitment to get out of the discriminatory list during the XLV Plenary and the Working Groups of the Plenary of the Financial Action Task Force of Latin America (GAFILAT). To this end, she highlighted the fulfillment of 11 of the actions included in the targeted action plan. Among others, regional trainings were held on topics related to supervision with a risk-based approach, identification of beneficial owners and investigations related to the financial sector.Among others, regional trainings were organized on topics related to supervision with a risk-based approach, identification of beneficial owners and investigations related to tax offenses, such as the crime preceding money laundering.