Coronavirus: The impact on the fight against money laundering and terrorist financing

The Covid-19 pandemic has had repercussions in the field of criminal law and, in particular, on regulating and combating money laundering and terrorist financing, and this has led to recommendations by various international, European and Portuguese bodies responsible for these areas.

Notwithstanding the need for flexibility in the movement of capital as a way to avoid the collapse of economies, obliged entities should be aware of the criminal activities that are more frequent in exceptional situations, such as the public health crisis caused by the Covid 19 pandemic. They must also ensure they comply strictly with their duties to fight crime.