Our Company, in order to always be avant-garde and fully cover regulatory and regulatory compliance with current laws, has implemented an Asset Laundering and Terrorist Financing Prevention Model, based on Law 19.913. Said Law was in charge of creating the Financial Analysis Unit (UAF) which modified various dispositions regarding Asset laundering.
The Financial Analysis Unit (UAF) is a decentralized public service, with legal personality and its own assets, which is related to the President of the Republic of Chile, through the Ministry of Finance, whose objective is to prevent the use of the financial system, and other sectors of Chilean economic activity, for the commission of crimes of Asset laundering (LA) and terrorist financing (FT).
WHAT YOU SHOULD KNOW ABOUT LAW 19,913: ASSET LAUNDERING
In essence, Law 19.913 establishes that there are certain types of crimes that, in case of being committed by a natural person and that go directly to the benefit of any company, the sanction lies not only in the person who commits the action, but also in the person legal behind. These are:
- ASSET LAUNDERING:
Asset laundering (LA) seeks to hide or dissimulate the nature, origin, location, ownership or control of money and / or illegally obtained assets.
- TERRORISM FINANCING:
Terrorist financing (TF) is any form of economic action, help or mediation that provides financial support to the activities of terrorist elements or groups.
WHAT KIND OF SANCTIONS IS THE COMPANY EXPOSED?
Law 19.913, in its art. 27, establishes that: will be punished with imprisonment in its minimum to medium grades, and a penalty fee of 200 to 1,000 UTM.
- The one who conceals or dissimulate the illicit origin of certain assets, knowing that they come, directly or indirectly, of the perpetration of acts constituting any of the crimes contemplated in letter a) of article 27 of Law No. 19.913.
- The one who, knowing this illicit origin, hides or conceals those goods.
- Anyone who acquires, owns, owns or uses the aforementioned goods, for profit, when at the time of receiving them they have known their illicit origin.
WHAT SHOULD YOU DO IF YOU ARE IN KNOWLEDGE OF SOME CRIME ESTABLISHED IN LAW 19,913?
Toda persona que considere la existencia de una situación irregular respecto de lo establecido por el MPD y la Ley 19.913, debe denunciar en forma personal o anónima tal situación a través de los 2 canales de denuncias que SalfaCorp S.A. ha implementado para esto y que están disponibles en este sitio web.
CRIME PREVENTION MODEL LAW 19,913
Read about our crime prevention model (MPD) Law 19.913 SalfaCorp