In the Headlines
February 20, 2019
Venezuela Compliance Tightrope Walk Gets Trickier
BNamericas
Partner Andres Fernandez was quoted by BNamericas regarding the changing compliance landscape that U.S. banks must face when navigating Venezuelan banking transactions. Considerations include The Financial Crimes Enforcement Network (FinCEN) guidance and regulations, as well as sanctions imposed by the U.S. on Venezuela. The article discusses that each compliance case is different, and that there is no single solution. Mr. Fernandez states, "This area is a challenge. And it has a tonne of moving parts."
READ: Venezuela Compliance Tightrope Walk Gets Trickier
READ: Venezuela Compliance Tightrope Walk Gets Trickier