metatag Brazil and US Sign Agreement on Money Laundering - brazzil

Brazil and US Sign Agreement on Money Laundering

Brazil will sign today, in London, a cooperation agreement in the judicial area with the United Kingdom, which will allow the exchange of information, and the collection and production of proof in criminal processes against money laundering.

The agreement will enable cooperation in fiscal fraud related cases, and in exceptional instances, permit the repatriation of the money coming from illicit sources, even before the judicial conclusion of the case.


Documents may also be furnished and included as proofs in processes going through proper procedures in both countries.


Brazil’s Minister of Justice, Márcio Thomaz Bastos, will sign the agreement. Bastos will meet with the British Supreme Court, as well as with authorities of the penitentiary area, who will accompany him on visits to prisons. The British model for alternatives to prison is a reference for the program implemented in Brazil.


The United Kingdom is not the first nation to sign this type of agreement with the Brazilian government.


Colombia, South Korea, United States, France, the Member States of the Mercosur (Argentina, Uruguay, and Paraguay), Italy, Peru, and Portugal also have similar agreements with Brazil.


ABr

Tags:

You May Also Like

The World’s Best Arab Eatery Is Hidden in the Brazilian Jungle

Nobody would believe it if it was said that the best Arab restaurant in ...

Lula’s Cabinet May Change But Not Brazil’s Commitment to South-South Business

Approximation with other emerging countries will remain among the foreign trade policy priorities during ...

Brazil Goes for a Ride on Wall Street’s Bullish Train and Dollar Falls

The São Paulo Stock Exchange (Bovespa) started October with a boom, closing at 62.340 ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`