The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has extended the effective dates for orders issued on June 25, 2025. These orders prohibit certain transmittal of funds involving three Mexico-based financial institutions: CIBanco S.A., Institution de Banca Multiple (CIBanco), Intercam Banco S.A., Institución de Banca Multiple (Intercam), and Vector Casa de Bolsa, S.A. de C.V. (Vector). The extension gives covered financial institutions an additional 45 days, until September 4, 2025, to implement these prohibitions.
“For months, Treasury and the Government of Mexico have been jointly coordinating to safeguard our financial institutions from terrorist cartels and their money laundering operations, which culminated in the historic orders issued against these institutions,” said FinCEN Director Andrea Gacki. “Treasury will continue to take every action necessary to protect the U.S. financial system from abuse by illicit actors and target the financing of transnational criminal organizations and narcotics traffickers.”
The extension comes as a response to further steps taken by the Government of Mexico to address concerns raised in FinCEN’s orders. These steps include assuming temporary management of the affected institutions to promote regulatory compliance and prevent illicit finance. The Treasury plans continued coordination with Mexico's government on these issues and will consider all relevant factors when deciding on any further extensions.
For more information about today's order or FinCEN's original orders regarding CIBanco, Intercam, and Vector, individuals can visit FinCEN's website or contact them directly through www.fincen.gov/contact.
