The challenges facing the private sector in effectively enforcing the Anti-Money Laundering Law were central topics at the AMCHAMDR breakfast.

Santo Domingo, April 17.- Representatives of the country's public-private legal sector held a panel discussion on the challenges of complying with Law 155-17 against Money Laundering.

Titled "Challenges in Compliance with the Anti-Money Laundering Law," the breakfast conference, held on Tuesday, April 17, was an initiative of the Legal Committee of the American Chamber of Commerce of the Dominican Republic (AMCHAMDR).

From a risk analysis and compliance strategy perspective, the debaters sought to clarify the interpretation and regulation emanating from the public administration in order to ensure effective compliance with the law by those subject to the law, from a risk control perspective.

Among the breakfast's objectives were to suggest actions to companies subject to direct obligations, or those related to direct obligations, to mitigate the risks posed by this legislation.

 The guest speaker at the meeting was Charles Mariotti, Senator of the Republic for the province of Monte Plata.

The event also featured a panel of experts composed of Wendy Lora, general director of the Financial Analysis Unit (UAF); Francisco González, partner at KPMG Dominicana; Carlos Salcedo, partner at Salcedo y Astacio; Caio Miranda, legal director of Cervecería Nacional Dominicana; Luisa Nuño, vice president of judicial management and restructuring at Banco BHD León; Ibán Campo, general director of Llorente y Cuenca; and moderator Ramón Ortega, leading tax and legal partner at PwC Dominican Republic.