GAFILAT’s compliance report upgrades Bolivia for stronger proliferation sanctions, BO rules, and AML/CFT enforcement, leaving no non-compliant areas and only six partially compliant

Latest follow-up report notes significant enhancements to Bolivia’s legal and institutional framework, particularly through new regulations on targeted financial sanctions, beneficial ownership disclosure, and sanctions enforcement across reporting sectors. It also observes that while technical compliance has improved, further progress is needed to strengthen effectiveness, notably in non-profit oversight and individual accountability for ownership transparency…