Honduras

Art. 11 requires entities to register, supply accurate beneficial owner data and report changes within the first ten business days of the following month. Art. 18 gives existing entities four months from the registry start to register, and new entities one month from creation; Art. 19 requires an annual update by 30 May. Art. 15 requires records to be kept at least five years. Art. 32 gives the CNBS up to six months to set up the registry.

Art. 19 of the witness protection law lets a protected worker suspend employment for up to six months and, if the risk continues and return is impossible, requires the employer to pay labour benefits and compensation; Art. 18 gives protected public servants paid leave of up to one year. Under Art. 20 the beneficiary must notify the employer through the programme within five days. It applies to witnesses admitted to the programme, not to whistleblowers generally.

Art. 36 of the Código del Trabajo states that every employment contract, and its modifications or extensions, must be in writing; omission does not invalidate the contract. Art. 37 lists the required contents and Art. 39 allows verbal contracts in cases such as domestic service, temporary work of up to 60 days and farm work.

Art. 10 of the Código del Trabajo prohibits any kind of reprisal against workers to prevent, or for having exercised, their labour rights, and Art. 96(10) bars employers from dismissing workers or retaliating to stop them going to the labour authorities. Neither article is a whistleblower provision as such.

Art. 9 requires obliged entities to designate a senior executive to oversee the compliance programme and liaise with the UIF. Art. 10 sets the programme's minimum contents: policies and procedures, a sanctions regime, a code of ethics, and internal and external audit. Art. 9 of the CNBS regulation has the board appoint the compliance officer, who reports to the Compliance Committee.

Art. 8 requires obliged entities to keep records of information and documentation for at least five years after the transaction or relationship ends, and records of transactions above the BCH-set threshold for at least five years after they conclude.

Art. 23 requires obliged entities to register cash, multiple cash and financial transactions at or above an amount set by the BCH. Art. 24 requires the records to be completed within five business days and the previous month's records to reach the UIF within the first ten days of each month.

Art. 7 requires identification and verification of the customer, identification of the beneficial owner and ongoing due diligence, applied on a risk basis (Art. 6) with simplified, normal or enhanced measures. Arts. 24-45 of the CNBS regulation detail the stages, beneficial owners and PEPs.

Arts. 6-8 require a SARAS system and a board-approved written policy, and Art. 12 an independent specialised unit or officer. Art. 16 requires an annual environmental and social risk report, which Art. 19 requires to be submitted by 31 January with a certified extract of the board minutes. Applies to banks and financial companies.

Resolution point 1 of Circular CNBS 003/2024 bars supervised institutions from holding, investing in, intermediating or operating with crypto-assets not issued or authorised by the BCH, and from letting users use their platforms for such transactions. Point 2 bars assets or liabilities whose returns depend on crypto prices, and point 3 requires crypto risk information in their financial education programmes. The circular is addressed to all institutions supervised by the CNBS.

Art. 27 requires obliged entities to report suspicious operations to the UIF on the prescribed form, whether or not the transaction was carried out. The CNBS regulation read (Resolución SB 348/2016) sets no day count for filing.