FinCEN Imposes Special Measure on CIBanco S.A. Amidst Opioid Trafficking Concerns

Summary

The Financial Crimes Enforcement Network (FinCEN) has issued an amended order to restrict transactions with CIBanco S.A., a Mexican financial institution linked to illicit opioid trafficking, allowing for exceptions to facilitate Mexico's liquidation of the bank.

Original source language: Federal Register — Department of the TreasuryOpen original release →

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