CIBanco Cut Off: U.S. Targets Opioid Trafficking Funds

2025-05199 — Beneficial Ownership Information Reporting Requirement Revision and Deadline Extension

FinCEN is making it easier for U.S. companies by only requiring foreign companies to report who really owns them. Domestic companies don’t have to report or update their ownership info anymore. Plus, foreign companies get more time—30 days—to file or fix their reports, and they don’t have to share info about U.S. owners, saving time and hassle.

2026-06271 — Whistleblower Incentives and Protections

FinCEN is rolling out a new whistleblower program to reward and protect people who report shady financial crimes like money laundering and terrorist financing. This program affects anyone with insider info on violations of key laws and aims to keep our financial system safe. Comments on the proposed rules are open until June 1, 2026, and whistleblowers could earn cash rewards for their tips!

2026-04641 — Geographic Targeting Order Imposing Recordkeeping and Reporting Requirements on Certain Money Services Businesses Along the Southwest Border

Starting March 7, 2026, certain money services businesses along the U.S. southwest border must keep records and report cash transactions between $1,000 and $10,000. They also have to check the ID of anyone making these transactions. If you’re a business not covered before, you have until April 6, 2026, to get compliant—so get ready to track and report!

2026-04033 — Proposal of Special Measure Regarding MBaer Merchant Bank AG as a Financial Institution Operating Outside of the United States of Primary Money Laundering Concern

FinCEN is proposing new rules to stop MBaer Merchant Bank AG, a Swiss bank, from using U.S. financial systems because it’s linked to serious money laundering risks. U.S. banks would have to block MBaer from opening accounts and be extra careful with any transactions involving them. Comments on this plan are open until April 1, 2026, so the public can weigh in before it becomes official.

2025-11990 — Imposition of Special Measure Prohibiting Certain Transmittals of Funds Involving Intercam Banco S.A., Institución de Banca Multiple

FinCEN is blocking some money transfers involving Intercam Banco, a bank outside the U.S. linked to illegal opioid trafficking. This means people and businesses can’t send certain funds through Intercam anymore. The change starts right away to stop dirty money and protect the financial system.

2026-03707 — Bank Secrecy Act Advisory Group; Solicitation of Application for Membership

FinCEN is looking for new members to join the Bank Secrecy Act Advisory Group, which helps shape rules to stop financial crimes. If you work at a bank, trade group, regulator, or law enforcement agency in the U.S., you can apply by March 27, 2026, for a three-year term. This is a great chance for especially community banks and smaller institutions to have their voices heard—no cost to join, just your ideas!

Previous: 2025-11991 — Imposition of Special Measure Prohibiting Certain Transmittals of Funds Involving Vector Casa de Bolsa, S.A. de C.V.

FinCEN is blocking some money transfers involving Vector Casa de Bolsa, a financial company linked to illegal opioid trafficking. This means banks and businesses must stop certain payments with Vector right away to help fight money laundering. If you work with Vector, watch out—these rules start now and could affect your transactions.

Next: 2025-12024 — Standard Instrument Approach Procedures, and Takeoff Minimums and Obstacle Departure Procedures; Miscellaneous Amendments

This update changes how pilots approach and take off from certain airports to keep flights safe and smooth. It affects pilots and airports by updating rules based on new tech, obstacles, or air traffic needs. These changes start soon and help avoid delays or extra costs by making flying safer and more efficient.