Close
Login to MyACC
ACC Members


Not a Member?

The Association of Corporate Counsel (ACC) is the world's largest organization serving the professional and business interests of attorneys who practice in the legal departments of corporations, associations, nonprofits and other private-sector organizations around the globe.

Join ACC

The 2013 Anti-Money Laundering Act contains a list of at-risk activities and requires those who conduct such activities to file certain notices with the Mexican Department of Finance and Public Credit (Secretaría de Hacienda y Crédito Público). Unfortunately, the Anti-Money Laundering Act and the rules deriving from such contain various inconsistencies resulting from drafting issues. These inconsistencies are generating confusion and include issues such as whether the purchase and sale of real property is considered an at-risk activity, as well as who is required to present the corresponding notice as to such transactions. This article reviews what activities are considered to be at-risk and subject to presentation of respective notices.

3 Pages
Download
Not an ACC Member? Request a trial membership.
Region: Mexico
The information in any resource collected in this virtual library should not be construed as legal advice or legal opinion on specific facts and should not be considered representative of the views of its authors, its sponsors, and/or ACC. These resources are not intended as a definitive statement on the subject addressed. Rather, they are intended to serve as a tool providing practical advice and references for the busy in-house practitioner and other readers.
ACC

This site uses cookies to store information on your computer. Some are essential to make our site work properly; others help us improve the user experience.

By using the site, you consent to the placement of these cookies. For more information, read our cookies policy and our privacy policy.

Accept