President Luis Guillermo Solís signed a decree Friday setting up a committee to coordinate actions against money laundering.
The president did so at the end of a regional meeting on the topic, the XXXI Reunión del Grupo de Acción Financiera de Lationeamérica.
The new committee is to coordinate and plan actions of public and private entities to prevent and combat money laundering and financing of terrorism, according to Casa Presidencial.
The Instituto Costarricense sobre Drogas has a key role along with the Consejo Nacional de Supervisión del Sistema Financiero, the Banco Central and relevant ministries.
The decree also urges professional organization to participate in the efforts against money laundering.