Ana Sofia Batista and Ana Rita Duarte de Campos author Thomson Reuters guide on money laundering
Ana Sofia Batista and Ana Rita Duarte de Campos are the authors of the guide “Country Update — Portugal: AML”, published by Thomson Reuters, which analyses the Portuguese framework for the prevention of money laundering and terrorist financing.
The document covers the main obligations of entities subject to the regime, including identification, due diligence, reporting, record-keeping, training and internal control duties, as well as reporting mechanisms to the competent authorities. The analysis also highlights the sanctions regime applicable in the event of non-compliance and the evolution of Portuguese legislation following the transposition of the European directives on anti-money laundering.
Read the full guide here.
