March 25, 2014
MEXICO CITY - Attorney General Catherine Cortez Masto and four other state attorneys general today signed a letter of intent with the National Banking and Securities Commission of Mexico, establishing a bi-national working group on money laundering enforcement. The continued growth in strengthening working relationships with governments of both countries will enhance efforts to combat transnational crime.
“I am thankful we were able to establish a bi-national working group to improve money laundering enforcement”, said Masto. “By coordinating together, we expect to impact the money laundering activities that often cross state and international borders”.
The bi-national agreement will develop an anti-money laundering working group with the following purposes:
- Establish the scope of coordination between Mexico and U.S. state attorneys general on money laundering enforcement issues.
- Develop a plan for mutual technical assistance and training on combating money laundering.
- Share best practices on money laundering enforcement techniques and other enforcement issues of mutual concern, including the impact of money laundering on the border region of the U.S. and Mexico.
The delegation of U.S. state attorneys general, including Nevada Attorney General Catherine Cortez Masto, California Attorney General Kamala D. Harris, Colorado Attorney General John Suthers, Florida Attorney General Pam Bondi, and New Mexico Attorney General Gary King signed the letter of intent with Jaime Gonzalez Aguadé, President of the National Banking and Securities Commission of Mexico.
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