A Milestone for International Trust and Business Competitiveness

On July 9, 2025, during the plenary session of the European Parliament in Strasbourg, the Delegated Act C (2025) 3815 was approved, amending Delegated Regulation 2016/1675. This act officially removes the Republic of Panama from the European Union’s list of high-risk third countries with strategic deficiencies in anti-money laundering and counter-terrorism financing regimes.

This outcome is a major recognition of Panama’s steadfast commitment to transparency and international cooperation. Under the leadership of President José Raúl Mulino and through the coordinated efforts of the Ministries of Foreign Affairs and Economy and Finance, Panama has strengthened its legal framework to meet the highest international standards.

Key benefits of this decision:

• Enhanced international reputation, positioning Panama as a trustworthy jurisdiction.
• Increased investor confidence and improved business climate.
• Smoother financial and commercial transactions with European entities, without the need for enhanced due diligence.
• Boost to Panama’s financial and logistics hub competitiveness.
• Facilitated imports and exports, contributing to economic growth.

As a law firm committed to supporting international business operations, we welcome this development and remain ready to assist our clients in navigating a more favorable and secure regulatory environment.