What do u think about Peruvian government to give the authority to the SUNAT banks, municipal savings etc. to exchange communication about of the deposit with more than 10 000 soles? To avoid money laundering and other illegal activities
There are laws likes this called the patriot act in the USA, but considering the ineffective judiciary government of Peru that can reduce the use of banks for more people.
- I guess 10K is too little amount maybe from 25K to 50K
-The information about the accounts can easily stolen
-The probability or risk of blackmails...https://newsbeezer.com/perueng/municipa ... s-economy/
More than money laundering and other illegal activities, it looks like the gov't is going after tax evaders and tax eluders. After all, 2020 was an expensive year, and somebody needs to pay the bill. So the question is, will this measure do more harm than good? After all, many small businesses (and big businesses) are struggling to survive, as the article points out.
I think it is no coincidence that this measure comes on the heels of the massive acceptance of payment systems like Yape and Plin, and the ease of bank transfers at the click of a button. Businesses are now more "bancarized" than ever before, since customers now expect and demand these payment options. So finally, thanks to technology and the private sector, the SUNAT now has businesses right where they want them, in the banking system. This play to remove the banking secret was the next logical step.
Let's just hope they handle this information responsibly.