Overview
- The SHCP published the Reglas de Carácter General in the Official Gazette on Monday, August 10, 2026, finalizing the secondary rules that implement the 2025–26 antilaundering reform.
- The rules replace a one-size-fits-all approach with an Enfoque Basado en Riesgo that requires subjects to identify, evaluate and classify risks and to strengthen customer due diligence, beneficiary control identification and checks on politically exposed persons.
- The framework covers about 120,000 people and firms, takes effect on November 30, 2026, and phases in key requirements with risk assessments, manuals and client classification from March 1, 2027, automated monitoring by June 1, 2027, year‑long training in 2027, and the first annual audits covering 2028.
- Critics note the SHCP missed the statutory deadline to issue the rules and did not run the expected public consultation through Conamer, raising concerns about transparency and whether small and medium businesses will face disproportionate burdens.
- The rules formalize a more active UIF role that has expanded blockings and international coordination since July 2025, and businesses that rely on cash or opaque markets—such as small tourism operators, art dealers, precious‑metal traders, vehicle sellers and nonbank fintechs—should expect higher compliance costs and faster push toward digital payments and tighter reporting.