Mexico based UNIFIMEX and US based FIBA established a binational AML committee.

Mexico based UNIFIMEX and US based FIBA established a binational AML committee. Priorities include correspondent banking, remittances, cross-border typologies, technology, and secure information sharing. Initial leadership includes BanCoppel, Banco Azteca, Banco Pichincha, and Sunwest Bank. This demonstrates institutional attention and cooperation; it does not establish increased spending on outsourced EDD. UNIFIMEX announcement

FIBA - Financial International Business Association. UNIFIMEX - Unión de Instituciones Financieras Mexicanas