Between April and July of 2023, the Secretariat for the Prevention of Money and Asset Laundering (SEPRELAD), issued several resolutions through which it authorized the implementation of the Integral Operations Report System (SIRO) for several categories of obligated subjects.
The system´s implementation affects companies in several industries, including (i) real estate companies, (ii) stock exchanges, (iii) mutual fund managers, (iv) cash transport companies and security box rental copanies, (v) electronic payment service providers, (vi) NGOs, and (vii) gambling industry, among others.
The resolutions entail that said obligated subjects must procure access to SIRO from SEPRELAD and remit their Suspicious Operations Reports (ROS) and Negative Reports (RN) through said system, thus joining other obligated subjects for whom the same system was previously implemented.