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Weekly Roundup: Mexico’s Senate Passes Broad AML Law, DeLay Asks Court to Overturn Conviction, and More
printMexico's senate passed a long-awaited anti-money laundering bill Thursday, ensuring transactional reporting requirements for casinos and suspicious activity reporting by notaries. The broad measure also prohibits cash payments over a half-million pesos for real estate purchases, and similar limits for automobiles and jewelry. Outgoing President Felipe Calderon had pushed for the passage of the two-year-old bill along with stronger AML measures, the Los Angeles Times reported. More Nigeria's House of Representatives passed two bills Thursday aimed at improving the jurisdiction's AML regime, Leadership reported. The Money Laundering Amendment Bill and the Terrorism Amendment Bill seek to strengthen prevention, detection and...
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