‘The Centralised Prevention Body of the General Council of Notaries has provided the authorities with information on more than 180,000 transactions suspected of money laundering and terrorist financing. The Spanish Notariat is the most advanced in the fight against these crimes and must collaborate with authorities and Notaries from other countries, such as Latin America, to help them develop systems that allow them to fight this evil in a similar way’, as pointed out by the General Director of Registries and Notaries, Pedro Garrido, at the inauguration of the International Forum ‘Economic Crimes: the collaboration of the Notariat in prevention and prosecution’ held in Madrid on 26-27 November.
Pedro Garrido was accompanied at the inauguration by José Ángel Martínez Sanchiz, president of the General Council of Notaries (CGN) and José Marqueño, president of the UINL. Martínez Sanchiz highlighted the awareness of the Spanish Notariat in the fight against these crimes: ‘we are engaged in this fight against money laundering and terrorist financing. We want to contribute our grain of sand towards the goal of obtaining justice in the world’. José Marqueño explained some of this forum’s objectives: ‘after the forum, concrete proposals will be presented to the Financial Action Task Force (FATF), which is the world leader in the fight against economic crime and sets global standards for prevention, to consider proposing a specific regulatory framework for global collaboration for the more than 300,000 notaries in 88 countries in the prevention of these crimes’.
In the first round table, Javier Martínez Sanchiz, legal officer of the United Nations Security Council, analysed the challenges facing the UN in the new forms of terrorist financing: ‘The increased relevance of Daesh and its self-financing effectiveness rekindles the interest of the international community regarding the specific ways in which terrorists and their sympathisers finance their acts and operations. For this reason, the new money laundering prevention system implemented by the Spanish Notariat is fully integrated into its activity. Making the most of new technologies and the centralised use of information, together with the specialisation of the analytical role, are the backbone of the Spanish Notarial system. That truly is the future, applicable to other sectors and it is therefore understood why the FATF welcomed it as a good practice in its recent Mutual Evaluation Report of Spain’.
Key figures of notarial cooperation in the fight against economic crime
Since January 2006, the Centralised Body for the Prevention of Money Laundering has sent 180,832 requests for information to judicial bodies, the Public Prosecution Service, the Police and the Civil Guard; 5,547 transactions suspected of money laundering have also been reported to the Executive Service of the Commission for the Prevention of Money Laundering and Monetary Offences in Spain (SEPBLAC). On the other hand, the Notarial Tax Collaboration Body attended to 133,469 informative requests from the Tax Agency and Regional Treasuries (since January 2007).