Commission works on the regulation of the Law on Money Laundering

In 2012, was enacted Law No. 12,683, which amended Law No. 9.613/1998 (known as the Law on Prevention of Money Laundering) and included professionals and accounting organizations on the list of responsible, with a duty to provide information to the Board of Financial Activities Control (COAF). This change met the international treaties to prevent and combat money laundering, of which Brazil is a signatory, and is already present in the legislation of many countries.

 

Soon after the enactment of Law No. 12,683, representatives of the CFC, the Fenacon Ibracon and met with members of the COAF to discuss its regulation. On the occasion, the Chairman, Antonio Gustavo Rodrigues, said the regulation is the responsibility of the governing body of the profession - ie the CFC. He also ensured that COAF would provide its expertise in support of this work.  

 

Based on this definition, the CFC created a commission with representatives of the three entities - CFC, and Fenacon Ibracon - with the goal of preparing a regulation to meet the law and helping professionals.

 

After several meetings, the committee sent to COAF a draft resolution based on the model presented by the Council for Financial Activities Control, and suggestions for consideration of the Board.

 

On 5 February, a meeting was held with representatives of the commission of COAF, in order to make the alignment of the issues raised in the assessment of the draft and make the necessary adjustments.

 

At this meeting, some points were defined deemed essential to the knowledge of all professionals:

 

Resolution No. 24, recently issued by the COAF and effective as of March 1, 2013, does not apply to accounting professionals, since, according to the Law, the CFC is the body responsible for regulating the profession; A commission established by the CFC, composed of representatives of the CFC, and Fenacon Ibracon, based on the discussion of the proposed regulations, held with representatives of COAF, finalize the draft resolution that will soon be submitted to the plenary for approval of CFC , and will be given a deadline for the effective date of this resolution, so that professionals and organizations to adapt to the accounting rules and have the obligation to fulfill it. During this period, the entities - CFC, and Ibracon Fenacon - hold events to spread information and clarification on the law and resolution.  

 

Participants

 

 

The meeting was also attended by the following members of COAF: Antonio Gustavo Rodrigues, president; Lélio Trida Sene, general coordinator of Standards; César Almeida, general coordinator of Supervisors, and Richard Lyons, director of the COAF and Central Bank representative of Brazil.

 

The meeting was also attended by the following members of COAF: Antonio Gustavo Rodrigues, president; Lélio Trida Sene, general coordinator of Standards; César Almeida, general coordinator of Supervisors, and Richard Lyons, director of the COAF and Central Bank representative of Brazil.

 

Source: CFC

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