IMF Staff Country Reports

Mexico:Detailed Assessment Report-Anti-Money Laundering and Combating the Financing of Terrorism

Publication Date:

January 3, 2018

Electronic Access:

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Summary:

This report provides a summary of the anti-money laundering/combating the financing of terrorism (AML/CFT) measures in place in Mexico. Mexico has a mature AML/CFT regime, with a correspondingly well-developed legal and institutional framework. Most of the key authorities have a good understanding of money laundering (ML) and terrorist financing risks, and there is generally good policy cooperation and coordination. The financial sector demonstrates a good understanding of the primary ML threats from organized crime groups and associated criminal activities as well as tax crimes, but the recognition of corruption as a main threat is uneven. Financial intelligence and other relevant information are made available by the financial intelligence unit and accessed on a regular basis by competent authorities.

Series:

Country Report No. 2017/405

Subject:

Anti-money laundering and combating the financing of terrorism (AML/CFT) Corruption Crime Currencies Legal support in revenue administration Revenue administration Tax evasion