🇧🇷Brazil

Multas por Lavagem de Dinheiro até 2x o Valor da Transação

1 verified sources

Definition

Penalties for AML violations include fines up to twice the value of illicit transactions, applicable to luxury goods traders.

Key Findings

  • Financial Impact: Fines up to 2x value of illicit transactions
  • Frequency: Per violation, with criminal penalties possible
  • Root Cause: Lack of internal controls, CDD, and timely suspicious activity reporting to COAF

Why This Matters

The Pitch: Luxury goods firms in Brasil 🇧🇷 risk fines up to 2x transaction value on AML failures. Automation of transaction monitoring eliminates this risk.

Affected Stakeholders

CEO, Compliance Team, Sales Director

Deep Analysis (Premium)

Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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