FERRERE

Counsel

Carla Arellano

Carla Arellano advises family companies and is an expert in compliance, anticorruption and best know-your-client practices.

Carla Arellano leads the FERRERE Compliance team and is a member of the firm’s Corporate team, specializing in compliance, anticorruption, know-your-client/supplier best practices, and prevention of asset laundering and terrorism financing. She is also active in Corporate Governance and Family Businesses.

She is certified in prevention of asset laundering and terrorism financing by ISEDER (School of Business of Universidad Católica) and in Compliance by Thomson Reuters (LATAM Compliance Diploma), and in anticorruption by American University Washington College of Law (US & International Anti-Corruption Law).

She participates in the working group organized by the National Secretariat for Prevention of Asset Laundering and Terrorism Financing (SENACLAFT) for corporate services providers in Uruguay. At regional level she is a member of the working group organized as the Latin American Compliance & Investigation League (LACIL).

Her experience includes preparation, supervision and monitoring of effective compliance programs including, among other elements, the preparation of manuals, policies, risk matrices, codes of ethics, and company personnel training (employees, managers, directors and shareholders) on local anticorruption regulations and local application of the United States Foreign Corrupt Practices Act (FCPA). She has directed and participated in internal investigations and legal and anticorruption due diligence procedures.

She also heads up certification in prevention of asset laundering and terrorism financing at Universidad ORT.

On compliance issues, she is the author of numerous publications and participates as panelist in national and international conferences.

Memberships

  • Uruguayan Bar Association
  • International Bar Association
  • Vital Voices
  • Vance Center
  • Trace / Anti-bribery Business Association
  • Programa Sembrando
  • Attorney, Universidad de la República (Uruguay), 2001.
  • Mergers and acquisitions, Georgetown University Law School (USA), 2010.
20/09/2023
Uruguay
28/08/2023
Regional

FERRERE is once again recognized by Latin Lawyer 250

In its report, the publication praises 27 professionals in 22 practice areas.

09/08/2023
Uruguay

Chief weaknesses detected by Senaclaft in inspections of reporting entities

On April 18, 2023, the National Anti-Money Laundering and Counter-Terrorism Financing Secretariat (SENACLAFT) held a webinar for nonfinancial sector reporting entities, in which noted the following as the chief weaknesses detected in inspection processes.

09/08/2023
Uruguay

New FATF recommendations stir debate on transparency standards

In March 2023, the Financial Action Task Force (FATF) issued new guidance making changes regarding the notes interpreting Recommendation 24 on transparency and information on beneficial ownership of legal entities.

09/08/2023
Uruguay

Senaclaft updates List of Politically Exposed People

On June 27, 2023, Senaclaft issued a new update of the List of Politically Exposed People.

09/08/2023
Uruguay

Senaclaft publishes its 2022 annual report

On April 12, 2023, la Senaclaft issued its annual report on its work during the 2022 year.

24/04/2023
Uruguay

Uruguay’s leadership position in transparency

According to the Corruption Perceptions Index 2022, prepared by the NGO Transparency International, Uruguay moved up one point with respect to the previous year, consolidating its leadership position in the region.

24/04/2023
Uruguay

Uruguayan tax administration updates low or no-tax list

On January 11, 2023, the Uruguayan Tax Administration (DGI) published its list of low- or no-tax countries that took effect on January 1, 2023 (Lista BONT).

24/04/2023
Uruguay
24/04/2023
Uruguay

International financial action task force (FATF) suspends Russian membership

As of February 24, 2023, FATF sanctioned Russia and suspended its membership.

03/11/2022
Uruguay

Changes for reporting owners and ultimate beneficiaries to Central Bank of Uruguay

Decree 272/022, published September 5, 2022, has made changes in regulations for reporting owners and ultimate beneficiaries to the Central Bank of Uruguay (BCU).

03/11/2022
Uruguay

New draft regulations on client due diligence procedures

On September 19, 2022, the BCU published new draft regulations that, if approved, will involve changes in rules on client due diligence procedures that must be implemented by supervised institutions.

03/11/2022
Uruguay

Executive branch submits bill of Law for regulation of virtual activities to Parliament

In May 2022 the BCU submitted a preliminary draft bill of law to the Ministry of Economy and Finance for regulation of virtual assets, based on the Conceptual framework for regulatory treatment of Virtual Assets in Uruguay, issued by BCU in December 2021.

03/11/2022
Uruguay

Updating of list of politically exposed persons in Uruguay

On September 5, 2022, the National Anti-Money Laundering and Counter-Terrorism Financing Secretariat (SENACLAFT) updated the list of Politically Exposed Persons.

03/11/2022
Uruguay

Sports corporations under scrutiny by Anti-Money Laundering Secretariat

In 2019 SENACLAFT and the National Sports Secretariat (SND) signed a cooperation agreement for oversight of nonprofit organizations in connection with Anti-Money Laundering and Counter-Terrorism Financing efforts.

View Folder