During the months of July and August 2010, a series of regulations of great interest were published, related to different sectors of the Venezuelan economy.
The different decrees and resolutions that were announced in the month of April are focused primarily in the rulings that were established for the authorization of foreign exchange.
These regulations, whose main purpose is to establish the needed mechanisms to avoid offenses related to Money laundering and the Financing of Terrorism will come into force next September 14th of the current year.