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Latin American Economy & Business - April 2019

Mexico: AMLO moderates his stance towards banks

Fears that the newly-installed Mexican President Andrés Manuel López Obrador (AMLO) might seek to interfere in the financial sector appear to have been eased. In a speech at the Mexican Banking Association’s conference in Acapulco, AMLO confirmed that banking regulation would be conducted by the relevant authorities and that his government would not set banking fees.

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