On October 17, 2012, a new Anti-Money Laundering Law (Ley Federal para la Prevención e Identificación de Operaciones con Recursos de Procedencia Ilícita) was published in the Mexican Official Gazette of the Federation. Our GT Alert — An Overview of Mexico’s New Anti-Money Laundering Law, prepared by Luis Rubio Barnetche, Hugo López Coll and Héctor Sánchez of our Mexico City office — provides a general overview of the law, which establishes rules and procedures to prevent and detect transactions and activities involving illegal proceeds or terrorism financing.