PRECOAD as a new ally

PRECOAD is presented as a new ally in protecting UNIROCA to prevent the operation from being used for illicit purposes and to preserve the image of legality and trust that its excellent work has made it characterize.

At UNIROCA, we join the urgent change that our society requires. It is well known that we have grown up in an environment marked by a history stained by corruption, in which groups outside the law have seen in this vulnerability a perfect opportunity for the development of their criminal activities, money laundering, and predicate offenses, such as: financing of terrorism, smuggling, human trafficking, child trafficking, extortion, drug trafficking or psychotropic substances, to mention a few. This set of interconnected criminal actions to obtain large sums of money is a perfectly harmonized industry that has a logistical chain that is fed back by each other. This is a global fight; international organizations such as the United Nations (UN), the Organization for Economic Cooperation and Development (OECD), and the Financial Action Task Force (FATF) carry out initiatives to which Colombia has subscribed and made commitments to help combat these scourges. That is why Colombia regulated, through laws and regulations, programs that help different sectors of the economy prevent them. The legality of our operation has always been a UNIROCA policy, and now it is also a legal requirement. The Superintendence of Corporations was designated to regulate these standards at the business level. The system called SAGRILAFT (Self-Control System for Comprehensive Risk Management of Money Laundering and Terrorism Financing), and the Business Transparency and Ethics Program (PTEE) began to be implemented at UNIROCA.