FATF: MEXICO AML/CFT EVALUATION FOLLOW-UP REPORT

On 12 May, FATF published a follow-up report on Mexico’s AML/CFT regimes.  Mexico has been in an enhanced follow-up process since its evaluation in 2018.  FATF has now re-rated the country on the following FATF Recommendations:

37 – Mutual legal assistance, from partially compliant to compliant
38 – Mutual legal assistance: freezing and confiscation, from partially compliant to compliant

Mexico is now compliant on 10 of the FATF 40 Recommendations and largely compliant on 22 of them. It remains partially compliant on 7 Recommendations, and non-compliant on 1 Recommendation.  It will continue to report back to the FATF on its progress.  As is usual with such follow-up reports, effectiveness is not addressed, only technical compliance.

https://www.fatf-gafi.org/media/fatf/documents/reports/fur/Follow-Up-Report-Mexico-2022.pdf

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where one-off contributions start as low as $3, at

https://www.buymeacoffee.com/KoIvM842y

NOTE THAT THE ABOVE LINK IS NOW CORRECTED AND WORKS!

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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