LatinNews Daily - 18 June 2026

*Guatemala’s President Bernardo Arévalo has sanctioned a new law against money laundering (AML) and terrorist financing (CTF), which was approved by the 160-member unicameral legislature on 2 June. According to state news agency Agencia Guatemalteca de Noticias (AGN), the new law reinforces compliance with international obligations regarding the prevention of money laundering, in accordance with global standards; promotes institutional modernisation, strengthening the State’s capacity to prevent and combat such crimes; strengthens the Guatemalan financial system, promoting greater stability, trust, and integrity; includes a component key to the fight against corruption and promotes transparency in the public and private sector, among other things. It also prevents the use of businesses and entities for money laundering, terrorist financing, or the proliferation of dangerous weapons, and updates and regulates related crimes such as the laundering of money or other assets, terrorist financing, and illicit trafficking of goods. The new law takes effect within three months.

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