WASHINGTON — Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) extended the effective dates for orders issued on June 25, 2025, prohibiting certain transmittal of funds involving three Mexico-based financial institutions. Covered financial institutions will now have until October 20, 2025, to implement the orders prohibiting certain transmittal of funds involving CIBanco S.A., Institución de Banca Multiple (CIBanco), Intercam Banco S.A., Institución de Banca Multiple (Intercam), and Vector Casa de Bolsa, S.A. de C.V. (Vector), each of which FinCEN found to be of primary money laundering concern in connection with illicit opioid trafficking pursuant to the Fentanyl Sanctions Act and the FEND Off Fentanyl Act.
“Treasury and the Government of Mexico continue to make progress in joint efforts to safeguard our financial institutions and economies from terrorist cartels and their money laundering activities,” said FinCEN Deputy Director Jimmy Kirby. “This close partnership plays a critical role in Treasury’s comprehensive efforts to protect the U.S. financial system from criminal abuse and target the financing of transnational criminal organizations and narcotics traffickers.”
This extension reflects continued steps taken by the Government of Mexico to meaningfully address the concerns raised in FinCEN’s orders, to include maintaining temporary management of the affected institutions to promote regulatory compliance and the prevention of illicit finance. Treasury will continue to coordinate closely with the Government of Mexico on these matters and will carefully consider all facts and circumstances with respect to the implementation of the orders.
- Today’s order by FinCEN can be found here.
- Links to FinCEN’s original orders can be found here.
- Frequently Asked Questions can be found here.
- Questions about the orders should be directed to www.fincen.gov/contact.