Corporate report on PTEE and SAGRILAFT
July 07 2023
corporate report

Each year, Colombia’s Superintendency of Companies (SC) requires companies under its jurisdiction to file two distinct corporate reports to evidence the implementation of their AML (Anti-Money Laundering) and anti-bribery compliance programs. These corporate reports are known as report 50 and report 52. The SC has recently expressed its intention to streamline these reporting duties by merging the two reports into a unified one, which would be known as corporate report 57.

Although no further details have been provided to date, authorities have indicated that they will release an Administrative Act in October, which will provide further details regarding the initiative. The publication of the Administrative Act will be conducted through the official communication channels of the SC. Finally, the authority informed that there will be training sessions for the companies required to fill out the report.