Mexico's National Banking and Securities Commission and Financial Intelligence Unit sign cooperation agreement to strengthen AML information sharing and joint risk analysis

Mexico's National Banking and Securities Commission (CNBV) and the Financial Intelligence Unit (UIF) signed a collaboration agreement to strengthen information exchange, institutional coordination and joint analysis to prevent and combat operations involving illicit proceeds. The agreement is positioned as a way to modernise supervisory mechanisms through a risk-based approach and enable more coordinated, secure and timely responses to potential money laundering and related illicit financing schemes that could affect the integrity and stability of Mexico’s financial system. The cooperation framework provides for more agile and secure tools for information sharing, technical coordination and institutional capacity building. It also contemplates inter-institutional working groups to analyse relevant cases, issue specialised recommendations and jointly monitor risks, alongside strengthened technological mechanisms for administering and consulting the Blocked Persons List to help prevent illicit funds from continuing to circulate within the national system. The authorities also flagged planned training activities, exchange of best practices and joint participation in international forums, framed as supporting continued alignment with Financial Action Task Force (FATF) standards.