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Mexico Reaffirms FATF Commitment at Fifth Plenary, Backing Risk-Based AML Standards

Finance Secretary Édgar Amador Zamora cast financial inclusion as a national priority consistent with proportionate controls.

Overview

  • At the Fifth Plenary hosted in Mexico, the finance ministry pledged to implement the task force’s recommendations to safeguard financial integrity.
  • Édgar Amador Zamora said inclusion would guide policy design to widen participation and strengthen the body’s legitimacy across diverse contexts.
  • He welcomed updated anti‑money‑laundering and counter‑terrorist‑financing rules that apply measures proportionately based on risk without curbing development or innovation.
  • Officials said convening the meeting in Mexico demonstrates a commitment to high standards and ongoing technical dialogue with international partners.
  • FATF is chaired by Elisa de Anda Madrazo, whose 2023 nomination from Mexico drew support from the financial intelligence unit and the foreign ministry.