In “Going South—Venezuela” (Money Laundering Bulletin, September 2024), Amir Fadavi comments on what the future holds for Venezuela in the light of actions by President Nicolas Maduro related to the country’s recent elections. This, among other actions—including Venezuela’s failures to address deficiencies in its AML/CFT framework—has led the United States and the EU, among others, to increase or extend sanctions. Amir noted: “I see more sanctions coming, not a full embargo, with more people involved in the [Venezuela] presidential elections being sanctioned or subject to asset freezing.”
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