New Anti-Money Laundering Law: Now Applies to Notaries

New Anti-Money Laundering Law: Now Applies to Notaries

Does this apply to all notaries?

Yes, but under special circumstances.

Article 42 of Decree 15-2026 recognizes the unique characteristics of the notarial profession and establishes significantly less complex obligations.

What requirements must notaries meet?

Notaries must comply with the following obligations:

• Registration with the IVE.
• Proper customer registration.
• Report of Unusual Transactions.
• Document Retention.

They do not require a Prevention Manual or a Compliance Officer.

Key Risks

The main risks of noncompliance include:

• Failure to register with the IVE on time.
• Authorizing transactions without verifying the customer’s identity.
• Failing to report unusual situations.
• Failure to retain records for the legally required periods.

Work with complete peace of mind and without any risks

At NOVIS Law Firm, we have already complied with all the procedures required by Decree 15-2026, so that our clients can work with us with complete confidence. Contact us.