Anti Money Laundering

The National Banking and Insurance Commission demonstrated to International Monetary Fund officials its centralized registry of corporate beneficial owners, designed to help authorities detect illicit financial structures and support Honduras's compliance with regional anti-money-laundering standards.

The National Congress passed first reading of sweeping reforms to Honduras's anti-money-laundering laws, introducing the first regulatory framework for cryptocurrency providers, tightening electronic-transfer controls, and raising the mandatory customs declaration threshold for cash to $15,000.

The banking regulator CNBS is piloting a centralized beneficial-ownership registry with the private sector and FOPRIDEH to strengthen corporate transparency and prevent illicit activity.

Honduras's transparency law is already in force, and the formal registration process for beneficial owners of accounts and entities will open in January, officials say, to strengthen legal certainty and transparency.

Honduras is undergoing its fifth mutual evaluation by Gafilat, the Latin American financial-action group, to assess compliance with international standards for combating money laundering, terrorism financing, and weapons proliferation; the 18-month review is expected to conclude in December 2027.

Honduras closed a three-day GAFILAT regional meeting in Roatán with representatives from 18 member countries, advancing cooperation on money laundering prevention, terrorist financing, and weapons proliferation controls.

CNBS President Nicolás J. García Pineda highlighted Honduras's commitment to strengthening its anti-money-laundering and counterterrorism-financing systems ahead of GAFILAT's fifth mutual-evaluation round.

Congress President Tomás Zambrano said Honduras faces evaluation by the international Financial Action Task Force (FATF) and risks being added to a gray list if it fails to strengthen anti-money-laundering laws, which could limit access to international financing and cooperation.

Honduras's banking commission (CNBS) is preparing regulations for cryptocurrency and virtual-asset companies through reforms to anti-money-laundering law, aiming to meet international standards ahead of a Financial Action Task Force evaluation in August and prevent illicit fund flows.

Honduras has enacted a law creating a centralized registry of beneficial owners of companies and legal entities, managed by the National Banking Commission, to combat money laundering, terrorism financing, and organized crime in compliance with international standards.

Congressman Marco Antonio Midence says passage of a law requiring centralized registration of beneficial owners would help Honduras comply with international anti-money-laundering standards and remove it from the Financial Action Task Force gray list.

Honduras has launched a centralized registry administered by the banking regulator to identify the true owners of companies, trusts, and investment funds operating in the country, aimed at eliminating corporate anonymity and meeting international transparency standards.

A new law creating a centralized registry of beneficial owners won backing from legal experts as a tool to combat money laundering and improve Honduras's standing with the international Financial Action Task Force, though analysts warn of risks if sensitive information falls into the wrong hands or is misused for political purposes.

Congress unanimously approved the Transparency and Centralized Beneficial-Owner Registry Law, which aims to identify final beneficiaries of legal entities and structures to combat money laundering, terrorism financing, corruption, and organized crime.

Honduras's Congress unanimously passed a law requiring businesses to disclose their true beneficial owners in a new centralized registry, aiming to combat money laundering, corruption, and terrorist financing.

Congress passed first reading of a transparency bill requiring companies and trusts to disclose their beneficial owners, aiming to meet international anti-money-laundering standards and keep Honduras off the Financial Action Task Force's gray list.

Honduras's banking regulator will hold a free virtual webinar on October 29 on combating money laundering and terrorist financing, aimed at strengthening public understanding of financial-system integrity.