The movement of illicit capital in Costa Rica and Panama counts for more than 10% of their respective GDP, meaning that its removal would be a major blow to their economies.
Editorial
The report entitled "Illicit Financial Flows from Developing Countries: 2001-2010" by Global Financial Integrity, reveals that during the first 10 years of the new century, the flow of illicit money in Costa Rica amounted to $64 billion, while in Panama the total was $40 billion.
The security of financial systems are to be strengthened in order to prevent potential crisis.
A proposal presented by the National Banking and Insurance Commission, to implement an early warning system, has been approved by executive decree.
The system will allow monitoring of the overall performance of banks and financial institutions with the aim of detecting possible signs of potential systemic crises.
Central American investigations provides specialized investigations fugitive recovery and many other specialty services which you or your client might need.
Organization that operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (503) 7043 7319 - (503) 2355 0271
This decade will see governments, organized crime and individuals declare cyber war on companies' information.
Computer fraud is now a full time business for many, whether it be for profit or in an attempt to achieve a competitive advantage. Governments regularly acuse each other of cyber foul play and institutions are having to take ever more drastic measures to protect themselves.
Protecting what matters: the sixth annual Deloitte Touche Tohmatsu (DTT) Global Financial Services Industry (GFSI) Practice information security survey.
The goal of the 6th Annual Global Security Survey for financial institutions is to help respondents assess and understand the state of information security within their organization relative to comparable financial institutions around the world.