Overview
- OFAC added 27 individuals and entities tied to the Hysa Organized Crime Group to the SDN list, including casinos and high-end restaurants with holdings in Mexico, Canada, and Poland.
- FinCEN proposed a special measure that would bar U.S. banks from maintaining correspondent accounts used to process transactions for 10 Mexico-based casinos.
- Mexican authorities one day earlier suspended 13 casinos over suspected money laundering in a coordinated effort with the United States.
- The designations immediately block U.S. assets and prohibit U.S. persons from dealings with the listed parties, extending to majority-owned subsidiaries.
- Treasury officials cited links to Sinaloa Cartel proceeds and operations across Sinaloa, Baja California, Tabasco, and Sonora, and warned facilitators they will be held accountable.