US prohibits certain deals with three Mexican banks under fentanyl sanctions
ReutersJun 25, 2025 7:23 PM
June 25 (Reuters) - The U.S. Treasury on Wednesday prohibited certain transactions involving Mexico-based CIBanco, Intercam Banco, and Vector Casa de Bolsa as part of its fentanyl sanctions.
"These orders are the first actions by FinCEN pursuant to the Fentanyl Sanctions Act and the FEND Off Fentanyl Act, which provide Treasury with additional authorities to target money laundering associated with the trafficking of fentanyl and other synthetic opioids, including by cartels," the Treasury's Financial Crimes Enforcement Network (FinCEN) said in a statement.
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