Rule2025-12973
Imposition of Special Measures Prohibiting Certain Transmittals of Funds Involving CIBanco S.A., Institution de Banca Multiple, Intercam Banco S.A., Institución de Banca Multiple, and Vector Casa de Bolsa, S.A. de C.V.; Extension of Effective Date
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
July 11, 2025
Effective
September 4, 2025
Issuing agencies
Treasury DepartmentFinancial Crimes Enforcement Network
Abstract
FinCEN is issuing notice of an order amending its three June 2025 orders prohibiting certain transmittals of funds involving CIBanco S.A., Institution de Banca Multiple (CIBanco), Intercam Banco S.A., Instituci[oacute]n de Banca Multiple (Intercam), and Vector Casa de Bolsa, S.A. de C.V. (Vector), financial institutions operating outside of the United States determined to be of primary money laundering concern in connection with illicit opioid trafficking. This order extends the effective date of the three prior orders by 45 days, to September 4, 2025.
Full Text
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<title>Federal Register, Volume 90 Issue 131 (Friday, July 11, 2025)</title>
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[Federal Register Volume 90, Number 131 (Friday, July 11, 2025)]
[Rules and Regulations]
[Pages 30826-30827]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-12973]
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DEPARTMENT OF THE TREASURY
Financial Crimes Enforcement Network (FinCEN)
31 CFR Part 1010
Imposition of Special Measures Prohibiting Certain Transmittals
of Funds Involving CIBanco S.A., Institution de Banca Multiple,
Intercam Banco S.A., Instituci[oacute]n de Banca Multiple, and Vector
Casa de Bolsa, S.A. de C.V.; Extension of Effective Date
AGENCY: Financial Crimes Enforcement Network (FinCEN), Treasury.
ACTION: Order; extension of effective date.
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SUMMARY: FinCEN is issuing notice of an order amending its three June
2025 orders prohibiting certain transmittals of funds involving CIBanco
S.A., Institution de Banca Multiple (CIBanco), Intercam Banco S.A.,
Instituci[oacute]n de Banca Multiple (Intercam), and Vector Casa de
Bolsa, S.A. de C.V. (Vector), financial institutions operating outside
of the United States determined to be of primary money laundering
concern in connection with illicit opioid trafficking. This order
extends the effective date of the three prior orders by 45 days, to
September 4, 2025.
DATES: The effective date of the orders issued June 30, 2025, at 90 FR
27764, 90 FR 27770, and 90 FR 27777, is extended to September 4, 2025.
FOR FURTHER INFORMATION CONTACT: The FinCEN Resource Center at <a href="http://www.fincen.gov/contact">http://www.fincen.gov/contact</a>.
SUPPLEMENTARY INFORMATION:
I. Summary of Order
On June 25, 2025, the U.S. Department of the Treasury's Financial
Crimes Enforcement Network (FinCEN) issued three separate orders
identifying Mexico-based financial institutions CIBanco S.A.,
Institution de Banca Multiple (CIBanco), Intercam Banco S.A.,
Instituci[oacute]n de Banca Multiple (Intercam), and Vector Casa de
Bolsa, S.A. de C.V. (Vector) as being of primary money laundering
concern in connection with illicit opioid trafficking and prohibiting
certain transmittals of funds involving those financial
institutions.\1\ The orders were published June 30, 2025, with an
effective date of 21 days from publication in the Federal
[[Page 30827]]
Register, thereby becoming effective July 21, 2025.\2\
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\1\ FinCEN, Press Release, Treasury Issues Unprecedented Orders
under Powerful New Authority to Counter Fentanyl (June 25, 2025),
<a href="https://www.fincen.gov/news/news-releases/treasury-issues-unprecedented-orders-under-powerful-new-authority-counter">https://www.fincen.gov/news/news-releases/treasury-issues-unprecedented-orders-under-powerful-new-authority-counter</a>.
\2\ Imposition of Special Measure Prohibiting Certain
Transmittals of Funds Involving CIBanco S.A., Instituci[oacute]n De
Banca Multiple, 90 FR 27770 (June 30, 2025); Imposition of Special
Measure Prohibiting Certain Transmittals of Funds Involving Intercam
Banco S.A., Instituci[oacute]n de Banca Multiple, 90 FR 27777 (June
30, 2025); Imposition of Special Measure Prohibiting Certain
Transmittals of Funds Involving Vector Casa de Bolsa, S.A. de C.V.,
90 FR 27764 (June 30, 2025).
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With this order, FinCEN is extending the effective date for all
three orders an additional 45 days, from July 21, 2025, to September 4,
2025. A copy of this order will be published in the Federal Register.
To the extent that CIBanco, Intercam, Vector, or parties have
information relevant to this order, they may submit it to FinCEN at
<a href="http://www.fincen.gov/contact">www.fincen.gov/contact</a>.
II. Order
A. Definitions
1. June 25, 2025 Orders
This order defines June 25, 2025, Orders as the three orders
published in the Federal Register on June 30, 2025, prohibiting certain
transmittals of funds involving, respectively, CIBanco S.A.,
Instituci[oacute]n De Banca Multiple, Intercam Banco S.A.,
Instituci[oacute]n de Banca Multiple, and Vector Casa de Bolsa, S.A. de
C.V. and published, respectively, at 90 FR 27770, 90 FR 27777, and 90
FR 27764.
2. Meaning of Other Terms
All terms used but not otherwise defined herein shall have the
meaning set forth in 31 CFR Chapter X, 31 U.S.C. 5312, and 21 U.S.C.
2302.
B. Amendment of Order
This order amends the June 25, 2025, Orders by extending the
effective date of all three actions by 45 days, to September 4, 2025.
All other provisions of the June 25, 2025, Orders remain unchanged.
Jimmy L. Kirby,
Deputy Director, Financial Crimes Enforcement Network.
[FR Doc. 2025-12973 Filed 7-10-25; 8:45 am]
BILLING CODE 4810-02-P
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