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Mexico’s Health Emergency Decree

On March 30 Mexico declared a health emergency and issued a decree with strict measures to contain the fast-spreading of coronavirus “COVID-19,” on non-essential activities in the public and private sectors that would be in force until April 30.  In order to prevent the health system from being overwhelmed with the increasing number of cases, … Continue Reading

Developments in Tri-Border Area Post New Risk to Correspondent Banking

It is no secret that U.S. correspondent banking relationships are indispensable to global commerce.  Indeed, access to the U.S. financial system through correspondent banking is integral to foreign banks and to their customers, who often depend on the U.S. dollar as the anchor currency for their deals.  At the same time, U.S. banks are under … Continue Reading
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