Spanish
The Association of Multiple Banks of the Dominican Republic (ABA) reported that it is working on the creation of the first National Certification in Anti-Money Laundering, a pioneering initiative in the country that seeks to consolidate the culture of prevention and strengthen the technical capacities of all sectors linked to regulatory and normative compliance.
The ABA explained that this initiative has been conceived as a reference standard applicable to the Obliged Subjects contemplated in Law 155-17, both financial and non-financial, and aims to reduce asymmetries in terms of knowledge regarding the prevention of money laundering and terrorist financing in the country.
He highlighted that this project "demonstrates the country's commitment to a culture of integrity and transparency, while promoting the professionalization of the actors in the system and reinforcing, in the eyes of international organizations, the credibility of the fight against the problem."
In a press document, the banking association stated that the certification will allow aligning the different sectors under the same conceptual and operational framework, strengthen the technical skills of compliance professionals, and raise national prevention standards.
In addition to the endorsement of the guild, as a representative of multiple banking in the country, the training will have the support of recognized national and international entities.
When making the announcement, the ABA reaffirmed its interest in continuing to contribute to the consolidation of a more robust, ethical, and reliable financial system, convinced that this effort will have a positive reputational impact both nationally and internationally.
