The central banks of Paraguay and Uruguay have introduced a new payment system in local currency for foreign trade transactions and transfers of funds. The bilateral agreement on the payment system (SML, Local Money System in Spanish) was announced and signed by the presidents of the central banks.
VIXIO PaymentCompliance is a comprehensive regulatory analysis and monitoring solution. We help compliance teams track and monitor regulatory changes, helping them prepare for new requirements and identify where action needs to be taken to ensure compliance.
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Our in-house team of experts bring you the latest insights affecting the payments industry. Combining our unrivalled knowledge and deep understanding of the sector, we provide critical and timely intelligence that helps you make sense of what’s happened and what it means for your organisation.
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