Tuesday, July 1, 1997
Volume:
13
Issue:
7
258
Abstract:
On September 1, 1997, as part of its implementation of a new anti-money laundering law, Mexican commercial banks must have in place various due diligence procedures, including know-your-customer and suspicious transactions procedures. The implementation of the new law is part of a joint initiative by the U.S. and Mexico to limit cross-border laundering derived especially from drug trafficking ... [more]