Marcelo Buendía Vélez, associate attorney in the Bogotá office of Diaz Reus and a former prosecutor in Colombia’s anti-money laundering unit: “The Egmont Group is undoubtedly one of the most important sources of information for its members in the fight against money laundering. The information provided by the Egmont Group to Colombia’s Financial Intelligence Unit is a vital asset in the battle against money laundering and financing of terrorism in Colombia. The recent suspension clearly affects Colombia and is concerning; however, it’s important to understand that there is still much to discern and analyze regarding this situation. In fact, the decision is not definitive, and I am hopeful that it can be reversed through appropriate use of international cooperation channels that have characterized Colombia, regardless of the government. We must remember that the fight against money laundering does not depend solely on…”