Self-regulation Program, Anti-Money Laundering Law

On April 16, 2019, the General Provisions on Self-Regulation Programs were published in the Official Federal Gazette due to the performance of vulnerable activities.

From July 2013 until December 31, 2018, the Tax Administration Service ("SAT", in Spanish) may, prior authorization on its part, cancel any fines deriving from the failure to submit notices, and from existing irregularities regarding compliance with several obligations contained in the Federal Law on the Prevention and Identification of Transactions with Illegally-Obtained Resources ("FLPITIOR"), or the Anti-Money Laundering Law. Any interested individual or company must submit an application via the official anti-money laundering website and must be up to date in its obligations for 2019, as set forth in such Law.