On October 4, 2023, the Superintendence of Corporations issued External Circular No. 100-000004, by means of which modifications were made to Chapter X of Basic Legal Circular 100-000016 of December 24, 2020 and its amendments (SAGRILAFT), and Chapter XIII of Basic Legal Circular 100-000011 of August 9, 2021 (PTEE).
Thus, the Superintendence of Companies included the Chambers of Commerce and the Foreign Non-Profit Entities with permanent business in Colombia as subjects obliged to implement the System of Self-Control and Integral Risk Management of Money Laundering, Financing of Terrorism and Financing of the Proliferation of Weapons of Mass Destruction (SAGRILAFT) and the Transparency and Business Ethics Program (PTEE) under the terms of Chapters X and XIII of the Basic Legal Circular.
Said obligation to implement both systems must be fulfilled by August 31, 2024 at the latest.
