Pedro Pierluisi and the federal government celebrate that Puerto Rico is no longer on the list of high risk of money laundering

Pedro Pierluisi and the federal government celebrate that Puerto Rico is no longer on the list of high risk of money laundering

After a meeting with the federal Undersecretary of the Treasury for Terrorism and Financial Intelligence, Brian Nelsonthe governor Pedro Pierluisi He assured this Tuesday that Puerto Rico “no longer appears as a high-risk jurisdiction in the 2024 National Money Laundering Risk Assessment.”

“The OCIF (Office of the Commissioner of Financial Institutions) focused all its resources by strengthening its investigative unit, reinforcing the supervision of the entities under its regulation and acting firmly against institutions that do not comply with applicable federal and state laws and regulations.”said the governor at a press conference in the Hall of Mirrors in Strength.

In February 2022, the federal Treasury concluded that international banking and financial entities, as well as cooperatives, represented a risk because, at that time, they were not subject to the anti-money laundering and combating the financing of terrorism regulations of the United States. Joined.

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