Jorge Jesús Martínez, compliance officer of CompliOfficer, has collaborated with the digital media CincoDías to write an article about the responsibilities of real estate sector in money laundering.
The article reflects Sepblac’s conclusions after analyzing the whistleblower channels that currently exist in the real estate sector. It points out that these companies have a deficient analysis process to identify the illicit origin of the resources used in purchases.
“Companies should have a whistleblower channel, but it really depends on the real estate company. If they do not want to have it, they face sanction”, says Jorge Jesús Martínez.
You can find the full article in this link (Spanish).