GTO Miami Real Estate

监管者对投资于美国房地产洗钱打击

洗钱者早就发现通过空壳公司投资美国精英房地产这条途径,因为美国法律允许大量不可追踪资金的流动。利用空壳公司,个人得以以现金购买房地产,掩饰所有权,实现可靠的财务回报而不被审查。大多数情况下,纽约和迈阿密的房地产市场被视为“有吸引力的目的地”。

Mexico: Prospecting for Australian mining companies

Mexico, with a long and rich history of mining, is home to some of the largest mines in the world! It is currently the largest global producer of silver. The country is also one of the world’s top producers of fluorite, bismuth, celestite, sodium sulphate, wollastonite, lead, molybdenum, diatomite, cadmium, graphite, baryte, salt, gypsum, manganese, and zinc. Still,…

GTO Miami Real Estate

GTO: Regulators’ crackdown on laundered money invested in U.S. real estate

In 2015, The New York Times published a shocking piece naming several wealthy foreigners who had purchased United States real estate for many multiple millions of dollars. Among others, the article named Vitaly Malkin, a former Russian politician and banker involved in a variety of financial scandals—barred from entering Canada because of suspected connections to…

Fighting Corruption in International Transactions*

In an ever-increasing global business environment, anti-corruption laws become critical for the welfare of companies and countries around the world.  Where economies are still developing, such laws and their accompanying compliance provisions are essential for securing a reputation as a safe place to do business.  As such, several countries have enacted laws to regulate how…

Transnational Business Litigation: The Reality for Latin American Entrepreneurs

More often than not, entrepreneurs believe that they will never be involved in a transnational dispute—even if they are doing business with a foreign counterpart. Perhaps this is the case because they think that the scenario is only for multi-million dollar businesses. Well, that’s just not the case because today, in a global economy, all…

Expats in Dubai gain advantage with the new DIFC Wills & Probate Registry

By Arti Sangar During the last two decades, a sizeable chunk of the expatriate population has relocated to Dubai for both employment and investment opportunities. Undoubtedly, many have made significant economic gains in terms of purchasing luxury houses and other assets, and in some instances, setting up business empires for their successors’ benefit. However, until…

Stricter Anti-Money Laundering Regime for Caribbean Banking Industry

Latin American Advisor, Financial Services asks: Are Stricter Bank Regulations a Major Hinderance in the Caribbean? Q: Royal Bank of Canada in the Caribbean in recent months has closed wealth-management offices across the Caribbean. The closures come amid growing pressure on the Caribbean banking industry by regulators who are fighting money laundering in the region.…

Federal Law Enforcement in Miami Showdown With Trade-Based Money Launderers

By Robert Targ The business district that surrounds Miami International Airport (MIA) in Miami, Florida is host to hundreds of legitimate businesses in the electronics and cellular phone export trade. But now, following numerous local investigations, they are also part of some 700 Miami-based businesses involved in a U.S. Department of Treasury, Financial Crimes Enforcement…

Q&A: Should Mexico Impose New Regulations on ‘Sofipos’?

Q: Mexico’s financial regulator, CNBV, is considering new rules for popular financial societies, or Sofipos, following the government’s seizure of Ficrea SA, whose collapse amid an alleged fraud led to losses for some 6,000 savers. New regulations could include changes to asset concentration limits, CNBV’s vice president said earlier this month. Do consumers face increased…