Bankers calmly take design of cartels as terrorists

The banking sector has taken with calm The designation of Mexican cartels as terrorist organizations in the United States and analyzes all possible effects of this measure, as Any false step can generate very serious reputational damagesaid Julio Carranza, president of the Banks Association of Mexico (ABM).

“We feel very calm, but also with a lot of responsibility that things are done well in the bank.

We have to see what the United States government wants, but, as the saying goes, you don’t have to put the huarache before punning.

At a press conference, Carranza said that Mexican banking is well positioned to meet international expectations And for several years it has a robust regulation regarding money laundering prevention and terrorism financing that meets international standards.

Carranza also stressed that, since 2014, the Mexican regulation contemplates the obligation to block resources and immediately suspend all the acts, operations or services that celebrate with the clients or users that the Ministry of Finance reports to them through the list of blocked persons. He pointed out that for more than a decade the authorities and banks of Mexico and the US hold periodic meetings to collaborate in the protection of financial systems.