Eduardo Apaez has more than 20 years of experience dedicated to regulatory and compliance matters, with emphasis on anti-money laundering and counter-terrorist financing regulations (AML/CFT).
Prior to joining the Firm, he was practice leader in AML/CFT issues at a prestigious firm in Mexico City.
Eduardo has ample experience with regulatory consultations, procedures for authorization or registration of financial entities, AML/CFT audits (regulatory, preventive and corrective), attention to observations and recommendations by authorities, self-correction programs, investigations, sanctions regimes, crisis management and regulatory compliance of non-financial businesses and professions (Vulnerable Activities).
Up until 2018, Eduardo served in various high-ranked positions in the Mexican Government. In the Financial Intelligence Unit, he oversaw the drafting and issuance of AML/CFT regulations applicable across the financial sector, and was responsible for implementation of the Mexican AML Law enacted in 2012.
At the National Banking and Securities Commission, he was responsible for the onsite and offsite supervision of compliance with the AML/CFT regime by credit institutions, brokerage firms, exchange houses, credit unions, SOFIPOS, SOCAPS and SOFOMES.
He has been an evaluator in compliance with the recommendations of the Financial Action Task Force (FATF), participating as a legal and law enforcement expert in the evaluation of Brazil and Aruba and he coordinated the evaluation and follow-up process of Mexico on compliance with international standards on ML/FT prevention conducted by the FATF, GAFILAT and the International Monetary Fund (2017-2018).
Certified in AML/CFT by the National Banking and Securities Commission and the Financial Intelligence Unit.