U.S. and Mexican AML/CFT Supervisors Sign First-Ever MOU to Exchange Financial Information to Thwart Drug Crime

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Contact: Steve Hudak (703) 905-3770
Immediate Release

WASHINGTON, D.C. – To enhance and reinforce coordination with Mexican authorities on a variety of operational and regulatory anti-money laundering initiatives, FinCEN Director Jennifer Shasky Calvery and Mexico’s National Banking and Securities Commission (CNBV) President Jaime Gonzalez Aguade have signed an unprecedented Memorandum of Understanding (MOU) that strengthens their ability to fight transnational financial crime. The MOU facilitates the exchange of supervisory information in support of both agency’s anti-money laundering and combating terrorist financing (AML/CTF) missions. It also provides for strict controls and safeguards to ensure that shared information is well protected and used in a confidential and authorized manner for AML/CTF supervision purposes only.