Country Overview
Mexico is an active member of the Financial Clearance & Asset Recovery Regulations (FINCARR) and has demonstrated its commitment to combating money laundering and terrorist financing. The country continues to strengthen its legal and regulatory frameworks in line with FINCARR recommendations.
Status: Member
Last Review: October 2024
Compliance with Recommendations
| Recommendation | Status |
|---|---|
| R1 - Risk Assessment | Compliant |
| R2 - International Cooperation | Largely Compliant |
| R3 - Supervision | Partially Compliant |
| R4 - Suspicious Activity Reporting | Largely Compliant |
| R5 - Beneficial Ownership Transparency | Non-Compliant |