Mexico's Supreme Court Approves UIF Power to Freeze Bank Accounts Without Court Orders

The Mexican Supreme Court has affirmed the authority of the UIF to immediately freeze bank accounts suspected of being linked to illicit activities without requiring judicial approval beforehand. This ruling supports stronger preventive measures against money laundering and terrorism financing, streamlining enforcement for financial authorities. The decision also clarifies the procedural safeguards for account holders, including notification and appeal rights, ensuring legal protections.