The U.S. Treasury’s FinCEN has issued a high-priority alert (FIN-2025-Alert001) concerning bulk cash smuggling and repatriation schemes orchestrated by Mexico-based transnational criminal organizations (TCOs). These cartels are increasingly leveraging...
Research & insights
Trafficking
Aug 19, 2024 Banking, Trafficking
The FinCEN Supplemental Advisory (FIN-2024-A002) issued in June 2024, focuses on the ongoing opioid crisis, particularly the significant threat posed by illicit fentanyl and other synthetic opioids. The advisory urges U.S. financial institutions to remain vigilant in...
Aug 6, 2024 Regulatory, Terrorist Financing, Trafficking
On May 16, 2024, the U.S. Department of the Treasury unveiled the 2024 National Strategy for Combating Terrorist and Other Illicit Financing (2024 Strategy). This critical document addresses the primary threats highlighted in the 2024 National Risk Assessments...