On June 25, FinCEN took action against three Mexico-based banks—CIBanco, Intercam, and Vector—due to their involvement in money laundering connected to opioid trafficking. These steps are part of the new compliance landscape shaped by the Fend Off Fentanyl Act. 

This session will guide you through the first three special measures introduced under the Act and explain what they mean for your BSA/AML program.

This session is designed for BSA/AML officers, OFAC officers, deposit operations staff, wire and funds transfer personnel, compliance teams, and management.

• Key provisions of the Fend Off Fentanyl Act and its unique impact on BSA/AML programs
• Details of the three special orders and the types of sanctioned transactions
• Essential compliance steps, including policy updates and institutional requirements

For registration questions, please contact OnCourse Customer Support,
866-512-9888, support@oncourselearning.com