Speaking on Tuesday, US Treasury Secretary, John Snow announced that the United States' information sharing agreement with Mexico has been reinstated.
Information sharing between the two countries was suspended on April 21 of this year by the Treasury's Financial Crimes Enforcement Network (FinCEN), following breaches of confidentiality on the Mexican side.
The Treasury Secretary explained that:
"Over the past couple of months, the United States and Mexico engaged in vigorous, thorough discussions and examinations of our information sharing relationship. As Mexico has demonstrated their commitment to and recognizes the importance of holding the information we share to the utmost secrecy, we are pleased to re-engage in our information sharing relationship."
He went on to thank Mexico's Finance Minister Gil Diaz for the swift attention that Mexico gave to the matter, concluding that:
"We will continue to work with our neighbor to the South to rally against criminals and terrorists corrupting the global financial system. Not only has the information sharing relationship between the United States and Mexico been restored, our confidence in that relationship has been restored, as well."
.
Network Tweets
Network BlogsContent
provided by
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy & Cookies
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment