Segob and Banxico Team to Fight Counterfeiting
The News
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July 22, 2014
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Governor of Banxico Agustín Carstens (L) and head of the Segob Miguel Ángel Osorio Chong (Edgar López/El Financiero)

The Interior Secretariat (Segob) and the Bank of Mexico (Banxico) signed a cooperation agreement on counterfeiting, alteration, production, distribution and distortion of currency notes.

This agreement, signed by the head of the Segob Miguel Ángel Osorio Chong and the Gov. of Banxico Agustín Carstens strive to strengthen the strategy of both institutions in order to prevent, investigate and combat the falsification of bills and coins.

During the meeting in the Palace of Covián, the interior secretary said that providing security and tranquility to all Mexican families is a priority of the reform process led by President Enrique Peña Nieto.

Osorio Chong said that strengthening the rule of law and ensuring legality are priority objectives of the federal government because this forms the basis of citizen security and peace as well as economic development.

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