On June 25, 2025, the Financial Crimes Enforcement Network (FinCEN) at the U.S. Department of the Treasury designated three Mexico-based financial institutions as primary money laundering concerns under Section 311 of the USA...more
7/29/2025
/ Anti-Money Laundering ,
Cartels ,
Economic Sanctions ,
Enforcement Actions ,
Financial Institutions ,
FinCEN ,
Illegal Drugs ,
International Emergency Economic Powers Act (IEEPA) ,
Mexico ,
Money Laundering ,
Office of Foreign Assets Control (OFAC) ,
Patriot Act ,
Popular ,
SDN List ,
U.S. Treasury
Mexican cartels dominate large swaths of the Mexico-United States border and the Bajío region (an area encompassing relevant parts of Queretaro, Guanajuato, Aguascalientes, San Luis Potosí, Jalisco, and Michoacán), and they...more
3/7/2025
/ Anti-Money Laundering ,
Compliance ,
Department of Justice (DOJ) ,
Economic Sanctions ,
Enforcement Actions ,
Foreign Investment ,
International Emergency Economic Powers Act (IEEPA) ,
National Security ,
Office of Foreign Assets Control (OFAC) ,
Risk Assessment ,
Risk Management ,
Supply Chain