Compliance

We offer advice, diagnostics and implementation mechanisms on legal compliance with the provisions required in Mexico for organizations, companies and associations, to avoid incurring criminal liability of legal entities, in accordance with the provisions of the Federal Criminal Code, the National Code of Criminal Procedure and all relevant international treaties, as well as international compliance criteria. 

The prevention of money laundering is fundamental for any financial entity, such as banks, brokerage firms, exchange houses and currency exchange centers, investment funds, insurance agents, financial advisors, money transmitters, SOFOMES, among others. It is also applicable to multiple activities in the non-financial sector, such as real estate development, gambling, notaries, issuers of service and prepaid cards, art auctions, armoring services, jewelry and vehicle commercialization, independent professional services, foreign trade, leasing and loans. 

Companies or conglomerates that have a relationship with government entities must have adequate processes in place to avoid acts of corruption, such as bribery (national and transnational), influence peddling or complicity in acts of embezzlement, improper exercise of functions, illicit enrichment and others. Especially when it comes to government bids and concessions, at the federal, state and municipal levels, as well as before international organizations. 

Companies and organizations must have control systems in place to ensure due compliance with tax provisions, particularly to avoid tax fraud or other tax crimes. This includes links with shell companies, outsourcing schemes or other types of strategies that transgress the limits of tax planning. 

In the new world of Financial Technology Institutions, multiple obligations must also be properly complied with in accordance with the Fintech Law and the implications of being a financial institution. Likewise, entities that operate with virtual assets - a disruptive and exponentially growing technology - are subject to certain regulations characteristic of the aforementioned law, as well as to the prevention of money laundering, as it is categorized as a vulnerable activity. Finally, Blockchain technology is an innovative tool for an authentic compliance system. By registering the appropriate information in the Blockchain, unparalleled transparency, immutability and security are achieved. Moreover, bringing together the technology and compliance domains produces a proven due control in the organization.  

Legal compliance / Money laundering compliance / Tax compliance / Anti-corruption compliance / Compliance and Blockchain / Compliance for financial institutions / Compliance for Fintech / Compliance for vulnerable activities / Compliance and cryptocurrencies / Compliance and Virtual Assets / Compliance.