Regulatory Alerts2026-04-15
Imposition of Special Measure Prohibiting Certain Transmittals of Funds Involving CIBanco S.A.; Amendment
The Financial Crimes Enforcement Network amends its June 2025 order designating CIBanco S.A. as a financial institution of primary money laundering concern due to its role in facilitating illicit opioid trafficking. This amendment authorizes certain transmittals of funds that are ordinarily incident and necessary for the Government of Mexico to liquidate CIBanco, provided the appointed liquidator determines the transmittals are necessary and not otherwise prohibited by law. The order maintains the general prohibition on fund transmittals involving CIBanco while creating this specific exception to support the bank's dissolution process.
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