Money Laundering in Latin America Continues to Grow

Latin America: Money Laundering Grows Growing crime and weak enforcement boost money laundering in Latin America. By Joachim Bamrud First published Latinvex. November 24, 2014 Reprinted with permission. Money laundering is growing in Latin America despite growing enforcement by both US and Latin American authorities, experts say. “Money laundering has grown and will continue to…

Overview of Business Crime in Latin America | 2015

While several Latin American countries have vowed to combat corrupt practices and have enacted legislation to formalise their intentions, meaningful change requires active enforcement as well as the political will and sacrifice to exact it. In the meantime, as Latin American countries begin working to strengthen their enforcement regimes, the greater threat to corrupt practices…

Cybersecurity in Latin America

How well are Latin American banks protected against cyber attacks? Inter-American Dialogue’s Latin America Advisor asked Marcela Cristina Blanco, associate attorney in Diaz Reus’ Bogota, Colombia office, «How Well Do Latin American Banks Protect Against Cyber Attacks?» Latin America Advisor: More than half of Latin American financial institutions have experienced some type of electronic breach…

How Will Lawsuits Targeting Banks Affect Brazil’s Economy?

Q & A commentary by Fausto Sanchez and Elizabeth Cantu, associate attorneys at Diaz Reus & Targ LLP.  First published in Inter-American Dialogue’s Latin America Advisor | Financial Services, Nov. 11, 2013 Q: In February 2014, Brazil’s Supreme Court plans to rule on lawsuits brought by bank depositors affected by banks’ adherence to government policies…

Free-Trade Accords in Latin America and the Caribbean

Featured Q&A with Marcela C. Blanco, Esq., Diaz Reus, Bogotá, Colombia for Inter-American Dialogue’s Latin America Advisor | Financial Services (October 17-30, 2013 Edition) Have Free-Trade Accords in Latin America and the Caribbean Aided Financial Companies? Chile and Canada updated their 16-year-old free-trade accord last month, agreeing to changes that will provide financial services companies in…

Business Crime in Colombia | 2014 Edition

This article appeared in the 2014 edition of The International Comparative Legal Guide to: Business Crime; published by Global Legal Group Ltd, London. General Criminal Law Enforcement in Colombia By Michael Diaz, Jr. and Marcela C. Blanco 1.1 What authorities can prosecute business crimes, and are there different enforcement authorities at the national and regional…

Trade treaties: opportunity or risk?

Mexico is the second largest economy in Latin America, while the United Arab Emirates (UAE) is the second largest economy on the Gulf peninsula. They share common attributes, two of which are a dry climate and a strategic location for business trade. In the past several years, both countries have increased their efforts to pursue…