Mexico will lead the Monetary Motion Job Pressure for 2 years

Mexico Metropolis. Mexico will chair the Monetary Motion Job Pressure (FATF) for 2 years, the place it is going to search to contribute, from a multilateral perspective, to the safety of countries and their economies, in addition to to the integrity of the worldwide monetary system, according to the establishment’s mandate.

In a press launch, the Ministry of Finance and Public Credit score (SHCP) reported that Elisa de Anda Madrazo would be the president from July 1 till June 20, 2026.

The work programme might be guided by the precept of inclusion, which seeks to advertise monetary inclusion, the cohesion of the worldwide community, made up of greater than 200 jurisdictions, higher integration of key worldwide actors and the non-public sector within the work of the group and promote higher range within the governance of the FATF.

The priorities of the present FATF presidency might be: selling monetary inclusion to scale back the usage of money and unregulated channels, with a purpose to cut back the dangers of cash laundering and terrorist financing; guaranteeing that the stories of the fifth spherical of evaluations, which is able to start underneath the Mexican presidency, are of top of the range and consistency, with a technical focus and free from political issues.

The purpose can be to enhance the cohesion of the FATF International Community underneath the ideas of inclusion and collaboration. Greater than 200 jurisdictions have dedicated to implementing the group’s requirements.

Sensitivity to the challenges of much less developed nations with restricted capabilities can even be sought, in addition to selling regional and worldwide cooperation, particularly.

FATF is a world group devoted to establishing worldwide requirements, selling and evaluating the implementation of authorized, regulatory and operational measures to fight cash laundering, terrorist financing, proliferation of weapons of mass destruction and different threats associated to the integrity of the worldwide monetary system.