Mexico’s Banks Step Up AML Measures

Today the Mexican banking industry took a decisive step: the Asociación de Bancos de México (ABM) announced that starting 1 July 2026, any cash deposit or withdrawal of MXN 140,000 (7,800 U.S. dollars) must involve identification (official photo ID or biometric data).

Why this matters:

• It marks a significant move toward aligning Mexico’s AML/EDD ecosystem with U.S./international best practices.
• It signals that banks will increasingly adopt and expect high-trust intelligence and investigations to support compliance.
• For specialist firms like ours at Obsidian Group Analytics, it underscores a growing market: institutions needing deeper subscriber data, geolocation, IMEI history, phone logs and closed-source intelligence to meet heightened regulatory expectations.

If you’re in banking, law or investment and active in Mexico, now is the time to assess:

How aligned is your internal intelligence/EDD process with what’s coming?

At OGA, we help clients bridge that gap with targeted investigations, closed-database triangulation, and bespoke intelligence workflows — ensuring you’re ready for this next wave of regulatory rigour.