READOUT: Under Secretary for Terrorism and Financial Intelligence Brian Nelson’s Meeting with Deputy Minister of Finance and Public Credit Gabriel Yorio of Mexico

WASHINGTON — Under Secretary for Terrorism and Financial Intelligence Brian Nelson and Mexico’s Deputy Minister of Finance and Public Credit Gabriel Yorio met on April 15thto discuss bilateral cooperation to combat illicit finance, following theirmeeting in Decemberduring Secretary Yellen’s trip to Mexico. Under Secretary Nelson and Deputy Secretary Yorio advanced conversations and collaboration on strengthening information sharing efforts between the two governments and with the private sector to address anti-money laundering/countering the financing of terrorism (AML/CFT) priorities and challenges, in accordance with the law of both countries. Deputy Secretary Yorio and Under Secretary Nelson agreed to build on existing information sharing efforts on the laundering of illicit proceeds focusing on the following priority threats:Narcotics trafficking, including the trafficking of fentanylCorruptionArms traffickingHuman trafficking/human smugglingFraudUnder Secretary Nelson noted that Treasury encourages U.S.