name
name
verify identity by documentationidentify the benificiaries&entities
Honduran Identity Card
There have been no specific regulations issued
2010
Law on Anti-Terrorism financing Decree 241-2010, 18 Nov 2010 (In force); and
Anti-Money Laundering Special Law Decree 144-2014, 30 Apr 2015 (In force).
National Commission on Banking and Insurance (Comisión Nacional de Bancos y Seguros - CNBS)
N/A
Interagency Commission for the Prevention of Money Laundering and Terrorist Financing
N/A
N/A
The links “Educación Financiera” and “Prevención del Lavado de Activos”, provide helpful guidance regarding AML
No.
No.
Yes, link not available.
No
No.
The requirements are:
a) identify the client and verify identity by way of reliable documentation;
b) identify the final beneficiary and entities, so that individuals and entities may understand companies structures;
c) understand and obtain information about the commercial relationship;
d) perform due diligence on the client; and
e) if there is doubt about the ongoing commercial relationship between individuals and legal entities, they must verify in situ. When information provided by the client is doubtful or inconsistent with the
compiled information, the individual and entity must end the business relationship and consider reporting it to the UIF.
The requirements are:
a) identify the client and verify identity by way of reliable documentation;
b) identify the final beneficiary and entities, so that individuals and entities may understand companies structures;
c) understand and obtain information about the commercial relationship;
d) perform due diligence on the client; and
e) if there is doubt about the ongoing commercial relationship between individuals and legal entities, they must verify in situ. When information provided by the client is doubtful or inconsistent with the
compiled information, the individual and entity must end the business relationship and consider reporting it to the UIF.
N/A
N/A
Regulations are applicable to the general population, there are no specific requirements for PEPs.
There is no specific regulation.
Yes
For example, telephone or internet banking transactions do not have a specific regulation, however the new AML Law Decree 144-2014, published on 30 Apr 2015, states the general due diligence
requirements. Please see A9 for reference.
Financial Intelligence Unit (Unidad de Inteligencia Financiera – UIF), an anonymous virtual platform for individuals and entities. Yet to be launched.
N/A
Yes, SARs (Reporte de actividades sospechosas – ROS), when any suspicious or unusual activity is detected the Financial Intelligence Unit (Unidad de Inteligencia Financiera – UIF) must be notified.
No, but any suspicious or unusual activity regarding conditions, place, entity and / or transaction amount must be reported.
Yes. Imprisonment or a penalty (approx. HNL8,8112 or USD3,950).
No.
N/A
Interagency Commission for the Prevention of Money Laundering and Terrorist Financing (Comisión Interinstitucional para la Prevención del Lavado de Activos y Financiamiento del Terrorismo – CIPLAFT)
No.
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
CNBS,
N/A
internet banking transactionsdue diligence
All Hondurans must apply for an identity card, within 3 months from the date they reach the age of 18.
No
No
No
UIF
Yes
No
Specific AML regulations were in force in effect as you may see in previous answer.
N/A
No, however individuals and entities must develop internal policies and procedures for risk-based due diligence.
N/A
No.
According to article 47 of Anti-Money Laundering Special Law, safeguarding fundamental rights of individuals and entities, banking, tax or professional secrecy cannot be invoked. However, certain