United States flag English Paraguay flag Español Brazil flag Português
Updated Quotes

hace 11 horas

Compliance

Regulatory Alignment Framework


At Yrendague Exchange, we implement a set of controls, policies, and procedures designed with a risk-based management approach. This aligns with the requirements of local legislation and international best practices, providing crucial support in prevention and control initiatives.

The Compliance Program includes:

  • Client identification policies and processes.
  • Monitoring of suspicious transactions.
  • Reporting to regulatory bodies.
  • Employee training in prevention and detection.


National Laws:

  1. Law N° 1015/1997 – Prevents money or asset laundering.
  2. Law N° 3783/2009 – Amends Law Nº 1.015/97.
  3. Law N° 4024/2010 – Punishes acts of terrorism and their financing.
  4. Law N° 4100/2010 – Approves the Memorandum with GAFISUD.
  5. Law N° 4503/2011 – Freezing of financial assets.
  6. Law N° 5876/2017 – Management of seized and confiscated assets.
  7. Law N° 5582/2016 – Amendment to the GAFISUD Memorandum of Understanding.
  8. Law N° 5895/2017 – Transparency in joint-stock companies.
  9. Law Nº 6408 – Amends the anti-terrorism law.
  10. Law Nº 6430/2019 – Defines and punishes transnational bribery and corruption.
  11. Law Nº 6446/2019 – Creates registers of entities and beneficial owners.
  12. Law 6452/2019 – Amends the criminal code.
  13. Law N° 6497/2019 - Amends Law N° 1015/1997 on money laundering.


Resolutions:



Corporate Governance

We have adapted our structure and internal processes to comply with the Corporate Governance standards of the Central Bank of Paraguay and the Superintendency of Banks. This effort includes:

  • Review and update of our internal regulations.
  • Optimization of our organizational structure.
  • Strengthening of internal control mechanisms.

Additionally, we have developed two key tools:

  • Corporate Governance Manual:
    Details the adopted structure and establishes risk management and monitoring mechanisms.

  • Corporate Governance Report:
    Published annually on our website before June 30, covering the previous fiscal year.

With these actions, we reaffirm our commitment to transparency and best Corporate Governance practices.

Corporate Manual