Freezing Financial Assets in The United States and in Mexico: Contrasts in Constitutionality and Legal Parallels

The purpose of this article is to understand how asset freezing works in the United States of America and in Mexico, as well as the contrasts and similarities in both systems. The threats posed to civil rights that can arise from asset freezing led us to compare the judicial criteria held by the US...

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Detalles Bibliográficos
Autor: Sánchez Castillo, Delia
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2019
País:México
Institución:UNIVERSIDAD NACIONAL AUTÓNOMA DE MÉXICO
Repositorio:Mexican Law Review
Idioma:inglés
OAI Identifier:oai:ojs.pkp.sfu.ca:article/13130
Acceso en línea:https://revistas.juridicas.unam.mx/index.php/mexican-law-review/article/view/13130
Access Level:acceso abierto
Palabra clave:Asset freezing
seizure
Anti-Money Laundering
Combating the Financing of Terrorism
Congelación de activos
embargo incautación
prevención de Lavado de Dinero
Financiamiento al Terrorismo
Descripción
Sumario:The purpose of this article is to understand how asset freezing works in the United States of America and in Mexico, as well as the contrasts and similarities in both systems. The threats posed to civil rights that can arise from asset freezing led us to compare the judicial criteria held by the US Courts and the corresponding reasoning in the Mexican legal system. Alternative rulings from European courts are also considered. Finally, some recommendations are made to improve due process in the Mexican legal system after preventing money laundering and funding terrorism when freezing financial assets.