- The director of Sepblac, Juan Manuel Vega, elected to the position as of July 2016 and for a year
- Recognition of the improvement in the bleaching prevention systems of recent years and the results
The plenary of the FATF (International Financial Action Task Force), meeting in Brisbane (Australia), has elected Juan Manuel Vega, general director of Sepblac (Money Laundering Prevention and Terrorist Financing Service) as Vice President and next President . Vega will become the vice president immediately and the presidency from July 1, 2016 for a period of one year.
The FATF is an intergovernmental institution responsible for the fight against money laundering and the financing of terrorism 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 to strengthen measures against money laundering and terrorist financing is recognized, as the FATF has stated in the mutual evaluation report on Spain presented in December of last year.
The next new president of the FATF has been general director of Sepblac since 2013. He was previously appointed since 2001 at the General Directorate of Treasury and Financial Policy, where he served as deputy director of Inspection and Control of Capital Movements and secretary of the Prevention Commission of 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 located. The 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.
