US blocks transactions with Mexican financial institutions in fentanyl crackdown
The US 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 authorities. The actions by the Treasury-run Financial Crimes Enforcement Network (FinCEN) to declare the three institutions “as primary money laundering concerns” mark the first actions under the Fentanyl…
