Friday, December 3, 2021

Logo Central America Link

Mexico to step up money laundering battle

Tuesday, April 15, 2014

Mexico says it will fight money laundering by using "kingpin" lists like those issued by the United States.

Mexico had long been criticized because businesses designated by the U.S. Treasury Department as laundering conduits often continue to operate in Mexico.

Finance Secretary Luis Videgaray said at a conference in Washington that Mexico's government will prohibit financial transactions by individuals or firms allegedly involved in money laundering or financing terrorism.

Source: Fox News