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Money laundering alerts, on the rise in Mexico

A total of 109 reports were filed before the Attorney General's Office (PGR) last year, the highest number in nine years.

In 2015 cash transactions in dollars rose to 4.4 million. (Photo: Archive/El Universal)
02/02/2016 |11:03Leonor Flores |
Redacción El Universal
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The Financial Intelligence Unit (FIU ) of Mexico's Ministry of Finance informed that the number of reports of possible money laundering and terrorism financing operations involving executives or employees of banks or brokerage firms rose in 2015.

A total of 109 reports were filed before the Attorney General's Office (PGR) last year, the highest number in nine years, compared to 87 in 2014.

In 2015 cash transactions in dollars rose to 4.4 million and reports of unusual transactions by customers in the financial system rose from 113,925 to 136,558.

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