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Federico Palma N.

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Federico Palma has been a member of the Firm since 2022 and is part of the practice groups of Corporate Law (M&A/PE) and Banking & Finance. He advises local and international clients on corporate, finance and regulatory matters, and emerging technologies.
Federico began working as a law clerk, and was promoted to associate at the Firm. He is a member of the Diversity, Equity & Inclusion, and Healthcare & Life Sciences Local Committees of the Firm. Additionally, he has been a teacher assistant of Administrative Law and Contract Law at Universidad Catolica Andres Bello since 2023.
In AML & Financial Services Regulatory

Venezuela: The National Superintendence of Securities (SUNAVAL) amends rules on Money Laundering and Terrorist Financing Administration

by , , and 8 Mins Read

The National Superintendence of Securities (SUNAVAL) issued Administrative Ruling No. 251 on 27 March 2025, amending the Rules Regarding the Administration and Control of Risks Related to the Crimes of Money Laundering, Financing of Terrorism, Financing of the Proliferation of Weapons of Mass Destruction and Other Illicit Activities, Applicable to Entities Obligated by the National Superintendence of Securities. The Ruling establishes the parameters that entities acting in the securities market should follow and includes a new regulatory regime for money laundering, financing of terrorism, financing of the proliferation of weapons of mass destruction and other illicit activities. The Ruling became effective on 27 March 2025.