Isabela Hernández-Peredo Martínez, associate attorney at Diaz Reus International Law Firm: “Mexico’s new anti-money laundering requirements are significant because they move compliance for businesses engaged in designated ‘vulnerable activities’ beyond a largely documentary exercise and toward a more formal, risk-based framework. The August 2026 General Rules require covered businesses to assess customer risk, apply enhanced due diligence where appropriate, identify beneficial owners more rigorously, and maintain more developed internal controls, training, monitoring and audit processes.The practical impact will likely be substantial for non-financial businesses that historically focused on collecting identification documents and filing required notices.
Will Mexico’s Anti- Money Laundering Rules Be Effective?
