By Aaron Nicodemus2025-08-06T14:00:00
The Trump administration’s designation of Mexican cartels as terrorist organizations in February has made doing business in Mexico riskier than ever before for corporations.
Mexico is the top trading partner of the U.S., with trade worth a record-high $840 billion in 2024. Hundreds of U.S. companies have facilities and offices in the country, including Ford, GM, Pepsi, Medtronic, Intel, Honeywell, and Kraft.
Cartels are omnipresent in many parts of Mexico, according to the U.S. State Department. These organized crime groups control entire regions, unions, roads, and other infrastructure. Doing business in Mexico has long been a thorny problem for U.S. corporations, which have tried to avoid enriching cartels while also understanding that their reach in Mexican society and government is formidable.
2025-08-29T19:55:00Z By Adrianne Appel
Suspicious activity reports filed by U.S. financial institutions show that Mexican drug cartels and human traffickers are laundering dirty funds through Chinese money laundering networks (CMLNs) operating in the United States, according to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN).
2025-08-28T20:40:00Z By Aaron Nicodemus
The order barring three Mexican financial institutions from doing business with U.S. financial institutions has been delayed until October.
2025-08-07T20:41:00Z By Aaron Nicodemus
In covering the compliance industry for the past five years at Compliance Week, I’ve learned a few things.
2025-09-17T19:03:00Z By Ruth Prickett
More than half of all compliance teams are “actively using” or “piloting” AI applications, according to a Moody’s report. While most are focusing on streamlining routine tasks, some are developing AI agents and asking vital questions about AI decision-making.
2025-06-26T15:37:00Z By Aaron Nicodemus
Bank examiners at the Federal Reserve Board will no longer assess reputational risk during examinations, a concession to the banking industry already underway with two other U.S. regulators.
2025-05-29T16:07:00Z By Aaron Nicodemus
Corporate governance is, all too often, handed down from generation to generation. Like a well-worn jacket, it works great—until it doesn’t. Typically, it is a crisis that forces companies to reassess their corporate governance framework, as gaps are filled and poor policies rewritten. But it doesn’t have to be that ...
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