- The director of the Sepblac, Juan Manuel Vega, chosen for the position from July 2016 and for one year
- Recognition of the improvement in the systems of prevention of money laundering in recent years and the results
The plenary session of the FATF (International Financial Action Group), meeting in Brisbane (Australia), has elected Juan Manuel Vega, CEO of Sepblac (Service for the Prevention of Money Laundering and Terrorism Financing) as vice-president and next president. . Vega will go on to hold the vice presidency immediately and the presidency as of July 1, 2016 for a period of one year.
The FATF is an intergovernmental institution responsible for the fight against money laundering and terrorist financing at the international level. Based in Paris, it is made up of 34 states representing the world's largest financial centers. With the election of Juan Manuel Vega as the new president, the effort made by Spain in the last legislature in reinforcing measures against money laundering and terrorist financing is recognized, as the FATF has stated in the mutual evaluation report on Spain presented in December last year.
The next new FATF president has been Sepblac's general director since 2013. Previously, he was assigned since 2001 to the General Directorate of the Treasury and Financial Policy, where he held the position of deputy director of Inspection and Control of Capital Movements and secretary of the Prevention Commission. Money Laundering and Monetary Offenses. He is also a doctor of law and belongs to the Superior Body of Civil Administrators of the State.
Sepblac is the Spanish Financial Intelligence Unit and the Supervisory Authority for the prevention of money laundering and terrorist financing. It is an inter-agency body, in which employees of the Ministry of Economy, Bank of Spain, Tax Agency, Police and Civil Guard are assigned. SEPBLAC acts under the authority of the Commission for the Prevention of Money Laundering and Monetary Offenses, chaired by the Secretary of State for the Economy.
