Analysis of Regional Threats on Money Laundering

The XXX GAFILAT Plenary approved the implementation of a regional study of threats on money laundering (ML) and terrorist financing (TF) of the member countries of the Financial Action Task Force on Latin America with the financial support of the European Union. The pursued objective is for countries to achieve greater effectiveness in mitigating risks…

Peru: The New Home of Cocaine?

Peru attracted a new unwanted title as ‘the King of Cocaine’ when it overtook Colombia in coca production in 2013. The president of the National Commission for Development of Life and Drugs (Devida), Alberto Otarola, has explicitly stated, ‘Peru doesn’t want to be a country with the title of coca or cocaine producer’, but losing…