Panama Compliance Officers Association Seminar

by | Aug 8, 2017 | 2017 | 0 comments

In recent days, the company’s compliance officer, Juan Paulo Navarro, attended an important training seminar given by the Association of Compliance Officers of Panama ASOCUPA, FATCA & AEOI Report Update and The Importance of Corporate Governance for Compliance Officers held on June 28 in Panama City. Topics such as the meaning of the Foreign Account Tax Compliance Act (FATCA) were discussed. This is a US legislation passed in March 2010, whose intention is to prevent US taxpayers from evading taxes by using financial accounts outside the United States. They also explained the importance of the Compliance Officer’s participation in the Corporate Governance structure, the way in which everything related to the proper functioning of the companies should be handled.