Overview

• CIBanco filed a voluntary dismissal without prejudice in the U.S. District Court for D.C., reserving the right to sue again.
• FinCEN amended its June 25 order and pushed the effective date of the prohibition on certain transfers to October 20, 2025.
• The filing states that Alvarez & Marsal México, designated by Mexico’s IPAB as provisional administrator, holds board and CEO authority over CIBanco.
• Grupo Financiero Multiva says it plans to take possession of CIBanco’s trust business on September 1, subject to CNBV approval.
• FinCEN has accused CIBanco, Intercam, and Vector of facilitating at least $46.591 million in money laundering with potential exclusion from parts of the U.S. financial system.