On April 21, Mexican lawmakers approved a constitutional reform to create what is referred to as the new National Anti-Corruption System. This new enforcement regime is intended to address concerns related to public corruption and is a means to remedy the impacts that fraud, deceit, and bribery have on the civic space and on the Mexican economy as a whole. Namely, it mandates that public officials disclose their assets and reveal any conflicts of interest that arise throughout the course of their official duties
It extends the statute of limitations in Mexico for the crime of corruption from 3 to 7 years and grants more power to investigate how state and municipal governments in Mexico spend federal funds. In short, the changes call for a new independent anti-corruption prosecutor and allow for more efficient confiscation of assets and money from politicians convicted of illicit enrichment.
Given this significant attempt at restructuring, and living in a country where as a U.S. citizen I am also able to champion causes that support anti-corruption and anti-money laundering, there appear to be three enduring constants that reappear as a means to further those efforts: (1) added transparency, (2) greater tools to combat financial crime, including (3) a heightened ability of the government to confiscate illicit assets.
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