Mexico: Report on the Observance of Standards and Codes-FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT)
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This report evaluates the observance of standards and codes on Financial Action Task Force recommendations for anti-money laundering and combating the financing of terrorism (AML/CFT) in Mexico. Mexico has a mature AML/CFT regime, with a correspondingly well-developed legal and institutional framework. The financial sector demonstrates a good understanding of the primary money laundering 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. Mexico also has a solid legal and institutional framework in place to seek and provide mutual legal assistance and extradition. The authorities also frequently rely on other forms of international cooperation to exchange information with other countries.
Series:
Country Report No. 2017/406
Subject:
Anti-money laundering and combating the financing of terrorism (AML/CFT) Corruption Crime Institutional arrangements for revenue administration Legal support in revenue administration Revenue administration Tax evasion
English
Publication Date:
January 3, 2018
ISBN/ISSN:
9781484335543/1934-7685
Stock No:
1MEXEA2017006
Pages:
18
Please address any questions about this title to publications@imf.org