FINCENFinal RuleJune 30, 2025

Imposition of Special Measure Prohibiting Certain Transmittals of Funds: Vector Casa de Bolsa, S.A. de C.V.

Finance & Banking

Summary

The U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) has banned a Mexican financial company called Vector Casa de Bolsa from sending money into the United States due to concerns about money laundering and financial crimes. This rule helps protect the U.S. financial system from illegal funds that might be flowing through this company.

Key Points

1Vector Casa de Bolsa, a Mexican brokerage firm, is prohibited from conducting certain money transfer transactions with U.S. financial institutions
2U.S. banks and money transfer companies must stop processing funds from this company to prevent money laundering and terrorist financing
3The restriction applies to fund transmittals, meaning the company cannot send money through American financial channels
4FinCEN took this action because the company posed a risk to the integrity of the U.S. financial system
5Financial institutions that violate this ban can face penalties and enforcement action from federal regulators

Key Dates

Published

June 30, 2025

Read on Federal Register View Docket

This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.