Mexico’s measures to combat money laundering and the financing of terrorism and proliferation

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January 3 2018

Mexico has a good system to tackle money laundering and terrorist financing, but should step up efforts in pursuing launderers and confiscating their assets to mitigate the significant risks.

The International Monetary Fund (IMF) conducted an assessment of Mexico’s anti-money laundering and counter-terrorist financing (AML/CFT) system, based on the 2012 FATF Recommendations, and using the 2013 Methodology. The FATF adopted the resulting report at its Plenary meeting in November 2017. The assessment is a comprehensive review of the effectiveness of Mexico’s AML/CFT system and its level of compliance with the FATF Recommendations.