Unidad de Investigaciones Financieras (UIF)
Bolivia's financial intelligence unit, a decentralised body under the Ministry of Economy and Public Finance with operational autonomy. It receives and analyses suspicious transaction reports.
Americas · Country coverage
AML/CTF Compliance in Bolivia
Bolivia regulates AML/CTF through the Unidad de Investigaciones Financieras under Financial Services Law No. 393. See the obligations and how MemberCheck supports them.
Last updated
Screening coverage for Bolivia
- Sanctions & PEP screening
- Adverse media checks
- Customer identity verification
- Jurisdiction risk checks
- Ongoing monitoring
Key facts
AML supervisor / FIUUnidad de Investigaciones Financieras (UIF)
FATF statusGAFILAT member; on FATF grey list (increased monitoring) since June 2025
Primary legislationFinancial Services Law No. 393 (2013) for CDD and reporting; the money-laundering offence itself sits in the Penal Code via Law 1768 (1997)
Overview
AML/CTF compliance in Bolivia.
Bolivia regulates the AML/CTF compliance regime through Financial Services Law No. 393, which sets customer due diligence and reporting obligations, while the underlying criminal offence of money laundering is defined separately in the Penal Code via Law 1768 (1997). The regime is supported by the Unidad de Investigaciones Financieras, which receives and analyses suspicious transaction reports. Since June 2025 Bolivia has been on the FATF list of jurisdictions under increased monitoring (the grey list) and is working through an agreed action plan.
Regulated entities must apply customer due diligence, identify beneficial owners, monitor relationships, and report suspicious activity to the UIF, alongside supervision from ASFI. Supervisors expect a designated compliance officer, sound internal controls, and staff training.
MemberCheck helps teams meet these obligations by screening customers and entities against global sanctions, PEP, and adverse-media data, verifying identities, and monitoring risk continuously, with a clear audit trail behind every decision.
Regulation
All solutions →Key laws and regulators.
Financial Services Law No. 393
Bolivia's principal financial-sector AML statute, setting customer due diligence, recordkeeping, and reporting obligations for financial institutions and other obligated entities. The criminal offence of money laundering itself ("Legitimación de Ganancias Ilícitas") is defined separately, in the Penal Code as inserted by Law 1768 (1997).
Autoridad de Supervisión del Sistema Financiero
ASFI supervises banks and other licensed financial institutions for AML/CTF compliance, working alongside the UIF.
GAFILAT membership and FATF monitoring
Bolivia is a member of GAFILAT, the FATF-style regional body for Latin America, and aligns its regime with the FATF 40 Recommendations through that membership. Since June 2025 it has been on the FATF list of jurisdictions under increased monitoring (the grey list) and is working through an agreed action plan.
Obligations
What regulated businesses must do.
- Apply customer due diligence and identity verification
- Identify beneficial owners of corporate customers
- Report suspicious transactions to the UIF
- Conduct ongoing monitoring of customer relationships
- Maintain internal controls and a compliance officer
- Maintain records and provide staff training
1,000+
Global watchlists screened
<1s
Average screening response
24h
Watchlist refresh cycle
195
Countries covered
FAQ
Common questions.
Who supervises AML/CTF in Bolivia?
The Unidad de Investigaciones Financieras (UIF), a decentralised body under the Ministry of Economy and Public Finance, receives and analyses suspicious transaction reports from financial institutions and other obligated entities, while ASFI supervises licensed financial institutions.
What is the main AML law in Bolivia?
Financial Services Law No. 393 (2013) sets the customer due diligence, recordkeeping, and reporting obligations for regulated entities in Bolivia. The criminal offence of money laundering is defined separately, in the Penal Code as inserted by Law 1768 (1997).
Is Bolivia a member of FATF?
Bolivia is a member of GAFILAT, the FATF-style regional body for Latin America, and aligns its AML/CTF regime with the FATF 40 Recommendations through that membership. Since June 2025 it has also been on the FATF grey list of jurisdictions under increased monitoring and is implementing an agreed action plan.
How does MemberCheck support AML compliance in Bolivia?
MemberCheck screens customers and entities against global sanctions, PEP, and adverse-media data, verifies identities, and monitors risk continuously, with an audit trail behind every decision.
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