Financial Transparency

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'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.