Anti Money Laundering

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.