In March this year, when the first Chief Anticorruption Prosecutor of Mexico was appointed, few would have bet that within only eight months she would already have 680 cases under investigation.… Continue Reading
All posts by Luis Dantón Martínez Corres
A central topic to the investigation and prosecution of corruption is the criminal offense of money laundering. In the past years, the intergovernmental Financial Action Task Force or FATFA has noted that Mexico has an adequate system to tackle money laundering and terrorist financing, but should step up efforts in pursuing launderers and confiscating their assets.… Continue Reading
Mexico has been moving forward with its National Anti-corruption System (NAS) that began with a reform of the Constitution in 2015, followed by new laws that partially came into effect in 2017 and were half-heartedly implemented in 2018. … Continue Reading
It is not an overstatement to say that a new era on anticorruption and compliance cooperation and coordination efforts has begun with the announcement of the United States-Mexico-Canada Trade Agreement or USMCA, which is set to replace NAFTA as soon as it is signed in late November of 2018 and subsequently ratified in 2019.… Continue Reading
Transparency International just updated its Exporting Corruption Evaluation for 2018, the first update since 2015.
It assesses enforcement of the OECD Anti-Bribery Convention by reviewing the 44 countries that are signatories of the convention and account for 65 percent of world exports, and more than 75 percent of total foreign direct investment outflows.… Continue Reading
Mexico held a groundbreaking presidential election on July 1 in which Andres Manuel López Obrador, the leader of a wide ranging coalition called the National Regeneration Movement, swept to victory with 53 percent of the votes.… Continue Reading
Mexico is just weeks away from a groundbreaking election on July 1. The election has profound implications for the fate of the existing National Anticorruption System.
The country will elect its president, the entire congress (500) and senate (128), as well as state governor elections (9), and thousands of municipal and state congress seats.… Continue Reading
In the next few weeks suppliers and contractors of PEMEX, Mexico’s state owned oil company, will be required to submit information on the existence and state of their compliance programs.
Many of the regional and local companies working with PEMEX could have difficulty meeting this new requirement and will have to undertake significant efforts to continue working with the Mexican oil giant.… Continue Reading