The executive president of Reserve BankLeonardo Aguilera, said Thursday that the financial institution adopts “Rigorous measures“And” increasingly strict “controls to face the Risks And the threats that the money laundering represents for him banking system national.
When heading Third Congress Against the money laundering and terrorist financing carried out by the financial institution, Aguilera said that the bank remains at the forefront of international standards and the rigorous regional practices that safeguard the Financial system.
“For Banreservasas a reference at the national and regional level, it is a priority to assume the responsibility of leading actions that promote ethical behavior in society and reinforce our governance in the mitigation of Risks associated with money laundering And to the financing of terrorism, “he said.
A threat to him Financial system
The bank executive pointed out that the money laundering from Illicit activities it’s a global crime that threatens the integrity of Financial system and is considered in the legislation of most countries as a sanctioned behavior, being perhaps the most complex, thorough, specialized and difficult detection.
In his opening speech of the Congress, Aguilera stressed that the Dominican Republic It is among the more than 200 jurisdictions that have adopted Recommendations and mutual evaluations to measure this regulatory framework.
“According to estimates of the United Nations Organization (UN) and the International Financial Action Group (GAFI), the illegal movement of money represents between 2 % and 5 % of the world GDP, with annual flows that exceed the 800,000 million dollars“He cited.
He said that in this 2025, the rise of cryptocurrencies has diversified the Risks and promoted innovations in detection that seek to establish strong control mechanisms to minimize the possibility that organized crime use banks to mask their illegal operations.
Prevention of money laundering
Indicated that Banreservas “He has adopted and will continue to take” a series of measures To strengthen the prevention mechanisms of money laundering coming from Illicit activities.
Are measures They allow the bank to be several steps ahead of the criminals To prevent organized crime from using the financial institution to bleach capitals.
During the event organized by Banreservas Several were dictated Conferences on the subject, including “preceding crimes and the fight against money laundering: strategic challenges for national security and institutional governance “, by the Attorney General of the Republic, Yeni Berenice Reynoso.
In addition, “from risk data: how artificial intelligence transforms the prevention of money laundering“, Disserted by the director of Beyond Risk, Oscar Moratto, and” Culture of Compliance in the Public Sector: Prevention of money laundering and good practices from government management “, by the general director of Purchases and Public Hiring, Carlos Pimentel.
The activity was attended by public officialslegislators, entrepreneursclients, related and executives of Banreservaswho supported the efforts of the banking entity in the promotion of the transparency and good practices.
