FinCENBSA / AMLApril 16, 2026

FinCEN Amends CIBanco Special Measure to Allow Mexico Liquidation Payments

FinCEN is amending its prior order that designated CIBanco as a primary money laundering concern and prohibited certain fund transmittals involving the Mexican bank; the amendment carves out a narrow exception to allow transmittals necessary for the Mexican government to liquidate CIBanco. Firms that have ongoing correspondent or payment relationships touching CIBanco must understand that the general prohibition remains in effect, with only this limited government-liquidation exception now permitted.

What to do

Review your institution's exposure to CIBanco fund flows, confirm that only the newly permitted government-liquidation transmittals are processed, and update your transaction monitoring rules and counterparty risk policies accordingly.

Who this affects

Bank / Credit UnionMoney Services BusinessPayments CompanyFintech / NeobankCrypto Exchange

Does this affect your program?

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Source

Read the official publication

This radar entry is educational and does not constitute legal advice. Summaries are AI-assisted and grounded in the linked official source; always verify against the primary source and consult qualified legal counsel for jurisdiction-specific guidance.

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