From a statement issued by the National Congress of Honduras:

The National Congress in session on Thursday, after a third and final debate of Article 74 to 92 of the draft Special Law Against Money Laundering Crimes, now has only two articles pending for Honduras have a new law for the fight against public corruption and establishes harsher penalties for those found guilty of forms of money laundering and is linked with other legislation aimed at implementing anticorruption sanction methods.

The items discussed and approved on Thursday include recourse to the Office of Seized Goods (OABI by its initials in Spanish) to issue temporary use of assets under management, goods liable to deteriorate or of costly administration, abandoned goods, return of goods; distribution of goods declared confiscated and cooperation between authorities.

More on this topic

Panama Modifies Rules Against Smuggling

April 2015

The reform aims to add to the Criminal Code offenses of smuggling and customs fraud, among the violations against economic order.

From a statement issued by the National Assembly of Panama:

The full National Assembly approved on its third reading Bill 176 which amends and adds articles to the Penal Code.

Panama: New Law on Prevention of Money Laundering

December 2014

A bill which is to be submitted to the National Assembly in February establishes an obligation to report suspicious activities which are not specifically financial.

This initiative is part of the package agreed with the Financial Action Task Force (FATF) to strengthen legislation against money laundering and exit so called "greylists". It is expected that an updated legal structure will be in place by June 2015.

El Salvador: Reform to Law Against Money Laundering Approved

July 2014

Reports of suspicious transaction and the inclusion of government officials in the "politically exposed persons" category are part of the reforms to the law.

From a statement by the Legislative Assembly of El Salvador:

A statement of amendments to the Law Against Money and Asset Laundering, was adopted at the plenary session on Thursday, with 72 votes in order to harmonize the law of El Salvador with international standards on combating money laundering, terrorist financing, organized crime, drug trafficking and all its variants.

El Salvador Approves Forfeiture Act

November 2013

The standard allows the state to seize assets related to illicit operations based on tax fraud, money laundering, drug trafficking or organized crime.

Salvadoran Congress also agreed to add the crimes of fraud along with those of public finances and corruption to the Special Law on Forfeiture and Management of Property of Illicit Origin or Destination.