Recently Released Market Study: Pre-Paid Cards in Mexico
According to a study named "Money Laundering" conducted by the Congress, roughly US$10.0 billion was laundered in Mexico during 2012, which represented slightly over 3% of the country's GDP. It took almost two years for the law initiative, sent by former president Felipe Calderon to the Congress in 2010, to see the light in August 2012, when the so-called "Ley Antilavado" (anti-money laundering law) was finally approved. Under this new law, a group of "vulnerable activities" was delineated,...
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