March - 2021

Compliance Programs: A Must
For Organizations

Existing Compliance Programs should be reviewed to modify and improve their policies, procedures and measures in the light of the latest international agreements and standards on: Anti-Money Laundering (ALD), Counter-Terrorism Financing (CFT) and Proliferation of Weapons of Mass Destruction. (PWMD), as well as in the management of Environmental, Social and Governance Indicators (ESGs).

Five Frequently asked question on compliance (video 3 m) in spanish
More informatio and contact us
Share Share
Tweet Tweet
Pin Pin
Share Share

Residency in
Costa Rica

(Photograph by Tanja Wilbertz - Pixabay)
To request temporary residence as an investor in Costa Rica, the interested party must demonstrate their investment with a capital of not less than US $ 200,000 (two hundred thousand dollars), either in real estate, such as land and / or residences, inscribable personal property, shares, values, productive projects or projects of national interest. A special treatment is given to investment in forestry projects.

See complete article (2 pages) in spanish
Share Share
Tweet Tweet
Pin Pin
Share Share

Bermuda Consults Industry On New Conduct Of Business Regime

By Jason Gorringe.
Photo by Joel Wesseldyke (Pixabay)
The newly released consultation paper by Bermuda Monetary Authority, centered a good conduct of business on the following expectations – a firm must:
  • Ensure fair and equitable treatment of its customers
  • Have continuing regard for the interests of its customers in the conduct of its business
  • Ensure that communications with customers are fair, clear and not misleading
  • Ensure the protection of the customer's assets against loss, fraud and misuse
  • Handle complaints and errors in a manner that is fair and expedient; and
  • When dealing with retail customers, ensure that individuals are aware of their responsibilities within the business relationship and have access to appropriate financial educational resources.

See complete article (1 page)

Share Share
Tweet Tweet
Pin Pin
Share Share

Estate Planning: the importance of being well structured 

We can all do something to protect the assets that make up the assets of a person or family, as well as to reduce the impact of risks to which we are exposed and to optimize the transfer of assets to subsequent generations.

As the financial world continues its march towards a more transparent and open environment, regulations governing private wealth are felt more and more. It is time to adopt more formal governance structures, implement risk management programs and embed more rigorous controls. 

Watch Video (1:49) en español
Share Share
Tweet Tweet
Pin Pin
Share Share
Use the "Forward" button to send this newsletter to a friend. Use the icons below to follow us:
Forward Forward
Globo on LinkedIn Globo on LinkedIn
Globo on YouTube Globo on YouTube
Our Website Our Website
unsubscribe from this list    update subscription preferences 

Copyright © 2023 Globo Consulting Group, All rights reserved.
You are receiving this email because you provides us with your business card and or email address.

Our physical address and phone number:
Globo Consulting Group
East 54th Street, Banking District
PH Twist Tower, Floor 27, Suite 27A
Panama City

Add us to your address book

Email Marketing Powered by Mailchimp