Panama and its Financial and International Services Platform: Challenges, Risks and Threats

The National Council of Private Enterprise (CONEP), one of the most important business organizations in Panama, celebrates on November 26th the Forum “Panama and its Financial and International Services Platform: Challenges, Risks and Threats”.  In this forum the learn about the 2019 Economic and Financial Expectations; Reality of the Banking and Financial Sector; The new role of tax advisors; and the current questioning: Do we need to reform our financial system?, developed by our founding partner Ebrahim Asvat

He emphasized that if Panama wants to be a modern financial system, it must anticipate the changes.

“There is an irreversible global trend towards transparency and compliance, challenges that the country must face,” he explained.

Among these issues, he mentioned the registration of end beneficiaries of legal entities and the income statement of offshore companies.