LFPIORPI: what every Mexican company in vulnerable activities needs to know.
Five short videos. A downloadable PDF. No scroll.
The Federal Act for the Prevention and Identification of Transactions with Inetidal Promises - known as LFPIORPI or Anti-Willing Act - apply to businesses and professionals performing specific activities in Mexico. If your company is listed, you have specific obligations: to identify your customers, to preserve files, to report operations and to answer to the Treasury.
That series answers the most common questions about the law in five episodes. You can see them in order or go straight to what you need.
To whom does the LFPIORPI?
Vulnerable and enforceable activities
The LFPIORPI It does not apply to all businesses in Mexico - it applies to those performing specific activities that Article 17 defines as vulnerable. What are them, what sectors are included and who are the required objects.
- ▸What a vulnerable activity under Article 17
- ▸What sectors are covered by the law
- ▸What is the obligation and who takes that responsibility
- ▸The difference between LFPIORPI and banking regulations
From what amount did the law apply?
Identification and report thresholds and amounts
The obligations escalate according to the amount of the transaction: there are thresholds to identify the client, to request information about the source of resources and to report to the UIFWhat happens when someone fractions an operation.
- ▸What MMUs are and how they apply to LFPIORPI
- ▸Identification, information and information thresholds by sector
- ▸What's a fractional operation and why the law treats them equally
- ▸How to calculate if an operation activates reporting obligations
What do you have to do to fulfill?
Specific obligations: identification, archives and maintenance
How to correctly identify a client, what documents integrate the file, what lists you have to consult before closing an operation and how long you have to preserve all that with demonstrable integrity.
- ▸What information to get from each client and how to check
- ▸The three lists to be consulted: PEP, SAT and international sanctions
- ▸What documents integrate the complete file
- ▸How long you have to keep your file and what it means to preserve with integrity
What if I don't?
Penalties LFPIORPI and personal liability
Sanctions do not fall on the company as an abstract entity, but on the individual listed as the obligated party. Sanctions scheme under Article 54 and the window for voluntary regularization.
- ▸The person with whom the sanctions fall and why isn't it just about the company
- ▸Section 54 Fines by type of non-compliance
- ▸What spontaneous regularization is and how it reduces up to 50% of the sanction
- ▸What non-compliance can result in the revocation of permits
The digital file: what it contains and how it holds an audit
NOM-151and 10 years of maintenance
saving a file isn't the same as building evidence. What difference to a digital file that holds 10 years from a document folder that doesn't resist an audit. NOM-151.
- ▸What's the NOM-151 and why's the digital evidence conservation standard
- ▸The difference between legal storage and retention
- ▸What elements have to have a file to be evidence
- ▸How the time stamp works and why nobody can retroactively modify it
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Guide LFPIORPI for Mexican companies - PDF downloadable
The supplement to the series. A quick reference guide with the key points of the 5 episodes: vulnerable activities, thresholds, obligations, sanctions and digital file. Useful to share with your computer, bring a compliance board or have available at an audit.
Free · Without required registration · Updated 2025
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