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FinCEN Issues Spanish Translations of Its Advisory and Financial Trend Analysis on Chinese Money Laundering Networks

Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) is issuing Spanish translations of its August 28, 2025 Advisory and Financial Trend Analysis that raised the alarm on Chinese money laundering networks (CMLNs), which pose a significant threat to the U.S. financial system. FinCEN issued: (1) an Advisory to urge financial institutions to be vigilant in detecting the use of CMLNs by Mexico-based drug cartels, including several designated as Foreign Terrorist Organizations; and (2) a Financial Trend Analysis highlighting the scope and breadth of CMLN activity in the United States.

Spanish Translation of Advisory: https://www.fincen.gov/system/files/2026-01/FinCEN-Advisory-CMLN-Spanish.pdf

Spanish Translation of Financial Trend Analysis: https://www.fincen.gov/system/files/2026-01/FinCEN-FTA-CMLN-Spanish.pdf

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Frequently Asked Questions on the Geographic Targeting Order Involving Money Transmitters and Banks in the Counties of Hennepin and Ramsey, Minnesota

Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued responses to frequently asked questions pertaining to the Geographic Targeting Order (GTO) announced last week by Secretary of the Treasury Scott Bessent. The GTO requires all banks and money transmitters located in Hennepin County and Ramsey County, Minnesota to file reports with FinCEN of certain international funds transfers of $3,000 or more. The terms of the GTO are effective beginning February 12, 2026, and ending August 10, 2026.

Frequently Asked Questions: https://www.fincen.gov/system/files/2026-01/Minnesota-Fraud-GTO-FAQs.pdf

Treasury Press Release: https://home.treasury.gov/news/press-releases/sb0354

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READOUT: Financial Intelligence Units Commit to Counter Transnational Organized Crime During First Working Group Meeting

On January 12 and 13, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) hosted the first meeting of the Transnational Organized Crime Working Group (TOC-WG). The TOC-WG includes representatives from 16 financial intelligence units across the world that are committed to working together to enhance their collective ability to identify and disrupt transnational organized crime. The TOC-WG is co-hosted by FinCEN, the financial intelligence unit of the United States, and Mexico’s Unidad de Inteligencia Financiera. Other participants in the TOC-WG include the FIUs of Argentina, Australia, Belgium, Brazil, Canada, Costa Rica, Italy, the Netherlands, Spain, Switzerland, the United Kingdom, and Uruguay.

Readout: https://www.fincen.gov/news/news-releases/readout-financial-intelligence-units-commit-counter-transnational-organized

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