AML, Anti-corruption and Compliance | Pérez-Llorca, Despacho de abogados

Mexico’s Supreme Court Upholds the Financial Intelligence Unit’s Authority to Freeze Bank Accounts and Departs from Prior Jurisprudence

mariajose.canal — Fri, 10 Apr 2026 06:34:17 +0000

On April 6, 2026, Mexico’s Supreme Court of Justice (Suprema Corte de Justicia de la Nación, “SCJN”) issued rulings in three landmark cases concerning anti-money laundering (“AML”) and bank account freezing. In these rulings, the SCJN upheld the Financial Intelligence Unit’s authority to place individuals on the blocked persons list where there are sufficient indicative grounds of their involvement in illicit transactions, it was also resolved that bank account freezes may be ordered on the basis of information obtained through both domestic and international channels.

This has a significant impact on Mexico’s AML regulatory framework and underscore the heightened importance of robust internal compliance and Know-Your-Customer (“KYC”) programs to mitigate potential risks arising therefrom — particularly in light of the 2025 amendments to Mexico’s Amparo Law, which eliminated the availability of injunctive relief against bank accounts freezing

You can read the full content of the Legal Briefing here.

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Amendments to the Regulations of the Federal Law on the Prevention and Identification of Transactions Involving Funds of Illicit Origin

mariajose.canal — Mon, 06 Apr 2026 22:58:11 +0000

The amendments introduce relevant adjustments regarding customer and user identification, beneficial ownership, and reporting procedures before the authorities. Key changes include the incorporation of new due diligence obligations, more detailed criteria for the integration of identification files, and updated thresholds applicable to various vulnerable activities.

Additionally, the supervisory powers of the authorities are strengthened, and the use of technological tools for compliance with anti-money laundering obligations is encouraged. These changes require obligated parties to review and, where appropriate, update their compliance programs to ensure alignment with the new regulatory framework.

Consult the full content of the Legal Briefing here.

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Bribery & Corruption Laws and Regulations in Mexico (2026)

mariajose.canal — Mon, 05 Jan 2026 23:09:28 +0000

Published on December 18, 2025, the Mexico chapter examines the country’s anti-corruption legal regime, including the Constitution, the National Anti-Corruption System, the General Law of Administrative Responsibilities, the Federal Criminal Code and related anti-money laundering laws. The analysis covers recent enforcement activity such as the implementation of the 2025–2030 Anti-Corruption and Good Governance Sectoral Program and institutional changes —including the appointment of a new head of the Financial Intelligence Unit— intended to strengthen prevention and enforcement efforts.

The article also highlights ongoing challenges in effective enforcement, the need for transparency in public procurement and inter-institutional coordination, and the importance of corporate compliance strategies in mitigating local and cross-border bribery risks.

Consult the full content of the Article here.

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New Anti-Money Laundering Obligations and Vulnerable Sectors: Reform to the Mexican AML Law

mariajose.canal — Fri, 22 Aug 2025 21:12:27 +0000

In an interview with LexLatin, Luis Mancera, partner, and Eduardo Poblete, associate in Pérez-Llorca Mexico’s Anti–Money Laundering, Anti–Corruption & Compliance practice, explain that the reform—effective July 17—aligns the law with FATF standards, reinforcing Mexico’s anti-money laundering framework. It broadens obligations for vulnerable sectors, including real estate and cryptocurrencies, by introducing risk-based assessments, internal policies, automated monitoring, and audits. They emphasize the gradual implementation, which allows companies to adapt compliance programs in collaboration with expert advisors without disrupting economic activity.

Consult the full content of the interview here.

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Main amendments to the Federal Law for the Prevention and Identification of Operations with Illicit Proceeds

mariajose.canal — Mon, 07 Jul 2025 16:19:50 +0000

On June 30, 2025, the Chamber of Deputies approved amendments to the Federal Law for the Prevention and Identification of Operations with Illicit Proceeds, expanding the powers of the Ministry of Finance, broadening the scope of vulnerable activities —including cryptocurrencies, real estate developments, and ADR facilitators— and detailing new obligations for regulated entities. Key changes include stricter requirements for identification and data retention, automated transaction monitoring, and the incorporation of the concept of Politically Exposed Persons.

Consult the full content of the Legal Briefing here.

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Recent actions taken by the U.S. Department of Treasury’s Financial Crimes Enforcement Network and the Mexican National Banking and Securities Commission in connection with CIBanco, Intercam and Vector

mariajose.canal — Mon, 30 Jun 2025 18:57:01 +0000

On June 25, 2025, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued orders barring U.S. financial institutions from transacting with CIBanco, Intercam, and Vector, citing their alleged involvement in laundering proceeds from illicit opioid trafficking. Simultaneously, Mexico’s CNBV implemented temporary managerial interventions at these institutions. This Legal Briefing outlines the contractual, operational, and reputational risks arising from these measures, and explores their implications for trusts, U.S. dollar-denominated instruments, and third-party commercial relations.

Consult the full content of the Legal Briefing here.

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The United States imposes a 25% tariff on Mexican products

Pérez-Llorca — Mon, 03 Feb 2025 14:54:39 +0000

On 1 February 2025, US President Donald Trump imposed additional tariffs on imports of goods from Mexico, Canada and China. These actions complement recent measures taken on migration policy and border security.

This decision has repercussions in the field of international law, specifically affecting the Free Trade Agreement between Mexico, the United States and Canada (USMCA) and the World Trade Organisation (WTO), a situation that has created significant tensions in the trade relationship with Mexico.

Consult the full content of the Legal Briefing here.

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Reforms to the Anti-Money Laundering Regime: What It Means for Your Business

Pérez-Llorca — Wed, 04 Dec 2024 20:14:12 +0000

The Senate is reviewing a proposed reform to the Federal Law for the Prevention and Identification of Transactions Involving Illicit Proceeds (LFPIORPI) and the Federal Penal Code (CPF). Key changes include the introduction of annual training and audit programs, automated systems, and a risk-based approach. Sanctions are also being strengthened, with expanded powers granted to the Ministry of Finance (SHCP) to temporarily suspend activities. Additionally, new obligations concerning Politically Exposed Persons (PEPs) and the prevention of terrorism financing are being introduced.

At Pérez-Llorca México, we are prepared to assist you in complying with these new regulations and adapting your processes to meet international standards.

Consult the full content of the Legal Briefing here.

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Rafael Fuentes Cataño

Pérez-Llorca — Fri, 14 Jun 2024 11:45:23 +0000

AML, Anti-corruption and Compliance The Firm has a growing anti bribery, corruption and compliance multi-disciplinary practice which has been evolving in line with the national and international regulatory development on the subject. Our practice team is comprised of attorneys with corporate, transactional, regulatory and litigation expertise to offer creative and solid advice to our clients. aml-anti-corruption-and-compliance Financial Services and Investment Funds In an increasingly complex and changing regulatory environment, our team is expert in guiding our clients through the regulatory changes that affect all key players in the sector. financial-services-and-investment-funds Litigation: Constitutional and Administrative We advise clients on administrative, regulatory, and constitutional matters, offering both consultancy and strategic litigation services to ensure the protection of their rights and interests. litigation-constitutional-and-administrative Public Law Our team provides comprehensive advisory services in Public Law including constitutional and administrative law, focused on meeting the needs of our clients in their interactions with government entities and public administration. public-law Telecommunications The Firm has extensive experience in the telecommunications and broadcasting sectors, including in the regulatory and administrative spheres. The members of the practice group have well-known skills in the telecommunications and broadcasting industries, in both public and private segments. telecommunications Mexico City ciudad-de-mexico Counsel counsel

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Luis Enrique Cervantes Estevez

Pérez-Llorca — Fri, 14 Jun 2024 10:02:03 +0000

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