July 28, 2025
Tariff & International Trade Resource
FinCEN Exercises New Authority Targeting Mexico-Based Financial Institutions to Counter Cartel-Linked Fentanyl Trade
On June 25, 2025, the Financial Crimes Enforcement Network 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 PATRIOT Act.
