Infografía operaciones bancarias.

What?

How?

Who?

When?

Why?

Chapter I

Objective and general provisions of the law

Protecting the financial system and the national economy of illegal resources

Financial institutions, Secretariat of Finance and Public Credit, Specialized Financial Analysis Unit of the Attorney General

When there is suspicion about amounts of money and its origin

To maintain a healthy economy and weaken money laundering.

Chapter II

The main authorities involved

The faculties of each part and the coordination among them to combat money laundering

Secretariat of Finance and Public Credit and Specialized in Financial Analysis Unit of the Attorney General

When is needed to conduct investigations or operations to obtain evidence regarding operations with illegal proceeds

To prevent the financial system from being used for illegal operations

Chapter III

Financial institutions and their obligations under the law

Guided under the framework provided by law of financial institutions

The financial entities

Monitoring, verification and enforcement of obligations and also having control over vulnerable activities of entities.

Because financial institutions may be easy access for illegal money

Chapter IV

Prevention with the use of cash and metals

Putting limits on amounts of cash to settle transactions between partiesas eight thousand and twenty-five times the minimum wage for buildings, three thousand two hundred and ten times the minimum wage for vehicles.

Notary public and Institutions.

When take place liquidation or trade operations conducted between parties

To have control over the handling of cash amounts

Chapter V

Verification visits

The Secretariat may check any time, compliance with the obligations of the law by practicing verification visits

Secretariat of Finance and Public Credit

Anytime the Secretariat want

In order to verify the normality of the activities of institutions

Chapter VI

Reservation and information management

During the visits, investigations and processes the absolute safeguarding the identity and any personal data will be maintained. All information will be kept confidential.

Secretariat Of Finance and Public Credit, Public Prosecutor of the Federation

All the time

For security activities of the Secretariat and the parties which are involved in the operations

Chapter VII

Administrative sanctions

If the parties do not comply the provisions of the law, fines will be lifted and permits will be revoked.

Secretariat Of Finance and Public Credit

All the time

To maintain control over the institutions

Chapter VIII

Crimes

Who violates the law is punished by two to eight years of prision and fined five hundred two thousand days

Judicial power of the Federation, the Secretariat.

When warrants it