Regulatory Alerts2026-01-13
FinCEN Advisory: Use of Chinese Money Laundering Networks by Transnational Criminal Organizations Based in Mexico to Launder Illicit Proceeds
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued this advisory to urge financial institutions to identify and report suspicious transactions involving Chinese Money Laundering Networks (CMLNs) acting for Mexican cartels and other transnational criminal organizations. The document details how these networks facilitate money laundering through mirror transactions, virtual currency, and money mules to evade capital controls and launder illicit proceeds. FinCEN requests that institutions reference this advisory in Suspicious Activity Reports (SARs) using specific keywords and typology codes to enhance detection of these threats.
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