It just got much riskier to do business in Mexico. On June 25, 2025, the US Department of the Treasury’s Financial Crimes ...

The U.S. is granting a temporary reprieve to three Mexican financial firms recently sanctioned for their alleged role in helping launder cartel money after seeing progress by the Claudia Sheinbaum adm ...

Mexican regulator, the National Banking and Securities Commission (CNBV), announced fines of nearly US $10M on CIBanco, ...

Mexico will temporarily transfer the trust-handling businesses of two financial institutions sanctioned by the U.S. for alleged involvement in money laundering, the finance ministry said on Friday.

The U.S. Treasury on Wednesday prohibited certain transactions with Mexico-based financial institutions CIBanco, Intercam Banco and Vector Casa de Bolsa as part of its new fentanyl sanctions.

Between 2021 and 2024, CIBanco and Intercam processed over $3.6 million in purchases of fentanyl precursor chemicals from China, shipped to Mexico, for “illicit purposes,” according to FinCen. 4.

The U.S. Treasury has extended deadlines related to a prohibition on transactions with three Mexican financial institutions, identified for alleged money laundering connected to fentanyl. The entities ...

Mexico's banking regulator said on Thursday it will temporarily step in to manage three financial institutions, CIBanco, Intercam Banco and Vector Casa de Bolsa sanctioned by the U.S. for alleged ...

US blocks money transfers by 3 Mexico-based financial institutions accused of aiding cartels The Treasury orders said CIBanco and Intercam had each facilitated transfers to two U.S. financial ...

MEXICO CITY (Reuters) -Mexican real estate trusts Terrafina and Fibra Inn on Friday said they would remove lender CIBanco as their trustee, after U.S. sanctions over money laundering accusations ...

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MEXICO CITY (Reuters) -Mexico will temporarily transfer the trust-handling businesses of two financial institutions sanctioned by the U.S. for alleged involvement in money laundering, the finance ...