2025 anti-money laundering reform: implications for the automotive industry
New due diligence, traceability and reporting requirements raise compliance standards for vehicle manufacturers, assemblers and distributors.
Alberto Cordoba analyzes the scope of the 2025 reform to Mexico’s Federal Law for the Prevention and Identification of Transactions with Illicit Funds and its implications for the automotive industry.
The publication addresses increased requirements related to due diligence, transaction traceability and reporting obligations applicable to vehicle manufacturers, assemblers and distributors.
It also highlights the importance of strengthening internal compliance systems, reviewing processes and controls, and preparing for an orderly transition to the new regulatory standard in order to reduce risk and support effective implementation.
