Overview
- FinCEN, which amended its June 2025 order on Wednesday, opened a narrow channel for transfers that let Mexico finish winding down CIBanco.
- Only payments the liquidator deems ordinarily incidental and necessary are allowed, and they must comply with all other laws.
- The carveout takes effect with formal publication in the U.S. Federal Register on Thursday, and all other prohibitions stay in place.
- CIBanco’s license was revoked in October 2025 and Mexico’s deposit insurer, IPAB, has led the liquidation and payouts to customers and creditors.
- Key businesses were already sold under supervision, including the trust unit to Multiva and the auto‑loan book to BanCoppel, with other portfolios moved to Consubanco and a brokerage sale in process.