Mexico's Secretariat of Finance and Public Credit (SHCP) announced changes to the regulations of the Federal Law for the Prevention and Identification of Operations with Resources of Illicit Origin (LFPIORPI), which will take effect as of November 2026. The new rules affect casinos, real estate firms, jewelry stores, art houses and other sectors considered vulnerable to money laundering.
According to SHCP, implementation will be gradual so that obligated subjects can adapt their internal procedures, assessment methodologies and monitoring systems to the new requirements.
Sectors covered
In addition to casinos and gambling, included are activities with virtual assets, vehicle distributors, armor-plating companies, providers of service and prepaid cards, operations with aircraft and vessels, transport and custody of valuables, and issuance or sale of traveler's checks.
Risk-Based Approach
One of the main changes is the incorporation of the Risk-Based Approach (RBA) as a guiding principle for compliance with obligations. Obligated subjects must identify, assess, classify and document risks related to clients and users, considering the products and services offered, the channels used and the geographic zones involved.
The new framework also strengthens transaction monitoring. Vulnerable sectors will have to implement methodologies to more accurately detect movements possibly linked to illicit funds, with controls proportional to the risk level of each transaction and client.
International standards
The ministry, headed by Édgar Amador, stated that the changes follow the current legal framework and the international standards of the Financial Action Task Force (FATF). For Hacienda, the measures should protect the integrity of the financial system and strengthen the fight against money laundering in the country.
