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LEGISLATIVE ASSEMBLY-REPUBLIC OF EL SALVADOR ____________________________________________________________________
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DECREE NO 862
THE LEGISLATIVE ASSEMBLY OF THE REPUBLIC OF EL SALVADOR,
CONSIDERING:
I.-That by Legislative Decree No. 108 dated 21 September 2006, published in Official Journal No 193, Volume N ° 373 of 17 October of the same year, the Special Act Against Acts of Terrorism was issued, for preventing, investigating, sanctioning and eradicating terrorist activities in response to circumstances
II.-That it is necessary to comply with International Standards on the fight against money laundering and money laundering and terrorist financing.
III.- That the acts of violence and terrorism that affect our country daily constitute a serious threat to security, public peace affecting not only the life and physical integrity of our citizens, but also the development of our Homeland.
IV.-That it is necessary to reform the Law Against Acts of Terrorism in order to incorporate the obligation for financial institutions to report, in accordance with the provisions of the Law Against Money Laundering and Assets Act 9-A.
FOR TANT,
in use of its Constitutional powers and Deputy José Antonio Almendariz Rivas ' initiative.
DECCRETA, the following:
REFORM OF THE SPECIAL LAW AGAINST ACTS OF TERRORISM
Art. 1.-Reform the eighth paragraph of Art. 37, as follows:
" Financial Institutions shall pay special and permanent attention to the detection of goods, money, assets, services and transactions that are suspected or have indications "reasonable" that they have an illicit purpose and that they are linked or can be used for terrorist acts, financing acts of terrorism, terrorist organizations, organized crime, drug trafficking and any of its variants, which must inform the Office of the Prosecutor General of the Republic in writing, by means of Financial Investigation Unit of the Office of the Prosecutor General of the Republic, within a period of no more than three days. The Financial Institutions shall also be required to report the attempt of these operations or activities. "
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LEGISLATIVE ASSEMBLY-REPUBLIC OF EL SALVADOR ____________________________________________________________________
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Art. 2. This Decree shall enter into force eight days after its publication in the Official Journal.
GIVEN IN THE BLUE HALL OF THE LEGISLATIVE PALACE: San Salvador, at the twentieth day of the month of November of the year two thousand fourteen.
OTHON SIGFRIDO REYES MORALES, PRESIDENT.
ENRIQUE ALBERTO LUIS VALDEZ SOTO, GUILLERMO ANTONIO GALLEGOS NAVARRETE, FIRST VICE PRESIDENT. SECOND VICE-PRESIDENT.
JOSÉ FRANCISCO MERINO LÓPEZ, LORENA GUADALUPE PEÑA MENDOZA, THIRD VICE PRESIDENT. FOURTH VICE-PRESIDENT.
CARLOS ARMANDO REYES RAMOS, FIFTH VICE PRESIDENT.
GUILLERMO FRANCISCO MATA BENNETT, MANUEL VICENTE MENJÍVAR ESQUIVEL, FIRST SECRETARY. SECOND SECRETARY.
SANDRA MARLENE SALGADO GARCÍA, JOSÉ RAFAEL MACHUCA ZELAYA, THIRD SECRETARY. FOURTH SECRETARY.
IRMA LOURDES PALACIOS VÁSQUEZ, ERNESTO ANTONIO ANGULO MILLA, FIFTH SECRETARY. SIXTH SECRETARY.
FRANCISCO JOSE ZABLAH SAFIE, JOSE SERAFIN ORANTES RODRIGUEZ, SEVENTH SECRETARY. EIGHTH SECRETARY.
CASA PRESIDENTIAL: San Salvador, four days in the month of December of the year two thousand fourteen.
PUBESQUIESE,
Salvador Sánchez Cerén, President of the Republic.
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LEGISLATIVE ASSEMBLY-REPUBLIC OF EL SALVADOR ____________________________________________________________________
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Benito Antonio Lara Fernandez, Minister of Justice and Public Security.
D. O. No. 231 Took # 405 Date: December 10, 2014
SV/pch 12-01-2015
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