PANAMA: FATCA and Automatic Exchange of Information.
On May 8th, 2024, the Official Gazette of Panama published Resolution No. 201-2572 containing the Registration, User Change, and Entities’ Deactivation Process concerning FATCA and Automatic Exchange of Information (“AOI”) Portal. Financial Institutions that after establishing their internal policies, processes, procedures and control structures identify that there are reportable accounts in line with Laws No. … Continued