{"id":6366,"date":"2020-12-29T11:47:51","date_gmt":"2020-12-29T10:47:51","guid":{"rendered":"https:\/\/edorteam.com\/lpbc-consulting-money-laundering-prevention-law\/"},"modified":"2026-05-04T17:32:30","modified_gmt":"2026-05-04T15:32:30","slug":"lpbc-consulting-money-laundering-prevention-law","status":"publish","type":"page","link":"https:\/\/nova.edorteam.com\/en\/lpbc-consulting-money-laundering-prevention-law\/","title":{"rendered":"LPBC Consulting – Money Laundering Prevention Law"},"content":{"rendered":"

Adapt your business to the AML Law (Anti-Money Laundering Law)<\/h2>\n<\/div><\/div>

If your company is among the entities obligated by Law 10\/2010 on the Prevention of Money Laundering<\/strong> and Terrorist Financing, our consulting service will provide you with an agile and effective adaptation with the minimum necessary investment.<\/p>\n<\/div><\/div>

N<\/span><\/span><\/div>

Consulting firms, real estate agencies, and insurance companies are some of the obligated entities.<\/h3><\/div><\/div><\/div>
N<\/span><\/span><\/div>

Training for the representative before SEPBLAC and the business team<\/h3><\/div><\/div><\/div>
N<\/span><\/span><\/div>

Support to pass the annual external examination<\/h3><\/div><\/div><\/div><\/div>
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\"LPBC<\/span><\/div>

The LPBC affects any organization linked to the financial, tax, real estate, luxury sector, foundations, associations ... but also if it carries out operations of more than \u20ac 15,000.<\/h3>\n<\/div><\/div>
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Who is bound by the Money Laundering Prevention Law?<\/h2>\n

The LPBC indicates a long list of subjects obliged to comply with it: services of investment<\/strong> , insurers<\/strong> , merchants of jewelry or art<\/strong> , companies of gambling<\/strong> ... As well as foundations<\/strong> Y associations<\/strong> .<\/p>\n<\/div><\/div>

N<\/span><\/span><\/div>

Those linked to the financial and real estate sector<\/h3><\/div><\/div><\/div>
N<\/span><\/span><\/div>

Those linked to the luxury sector: jewelry, art and antiques, watches, nautical ...<\/h3><\/div><\/div><\/div>
N<\/span><\/span><\/div>

Those linked to the gambling and chance sector<\/h3><\/div><\/div><\/div>
N<\/span><\/span><\/div>

Tax advisers, accountants, insurers, auditors, law firms ...<\/h3><\/div><\/div><\/div>
N<\/span><\/span><\/div>

Those who carry out operations of more than \u20ac 15,000<\/h3><\/div><\/div><\/div>
N<\/span><\/span><\/div>

Associations and foundations<\/h3><\/div><\/div><\/div>

These companies are obligated entities, not because they are suspected of laundering money, but because they are likely to be in contact with people who may be involved in these practices.<\/strong> The objective of complying with this law is to ensure that they know how to identify and are familiar with the protocols in case they detect practices related to money laundering.<\/p>\n

You can check the full list in this link<\/a> from the official website of SEPBLAC or contact us<\/a> so that we can assess whether your organization is an obligated subject.<\/p>\n<\/div><\/div><\/div><\/div><\/div>

What are the penalties for violating the LPBC?<\/h2>\n

The sanctions will depend on whether the obliged subject incurs an infringement mild, severe and very severe<\/strong> . A breach of the due diligence obligations (prevention manual, training of your employees, etc.) will entail a sanction of between \u20ac 60,001 and \u20ac 150,000.<\/p>\n

Sanctions (fine, suspension or reprimand) may also be imposed on the management or management positions<\/strong> of the obligated subjects if they were responsible for the offense.<\/p>\n<\/div><\/div><\/div>