The United States Government announced a new extension for the beginning of sanctions against Cibanco, Intercam and Vector Casa de Bolsa.
The notice of the Financial Crime Control Network (FINCEN) indicates that the entry into force of the orders issued on June 25 will be on October 20.
In early July, this office of the Department of Treasury had postponed the application of the measures for September 4.
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“FINCEN issues an order of an order that modifies its three orders of June 2025, modified by its order of July 2025, which prohibit certain transfers of funds that involve Cibanco, Intercam Banco and Vector Casa de Bolsa,” he said in his announcement.
“Financial institutions that operate outside the United States and that are considered of the main concern in money laundering in relation to illicit opioid traffic,” he added.
As part of these sanctions, the United States prohibited in its financial system “certain transfers of funds” that involve those Mexican groups.
“To the extent that Cibanco, Interm, Vector or the parties have relevant information for this order, they can present it to the Finnn at www.finn.gov/contact,” he added.
The US Government notice occurred after it became earlier that Cibanco demanded the treasure in this case.
The group argues that it is an illegal order, that violates due process and the presumption of innocence, and that puts it at risk of an “imminent disappearance” by not being able to defend itself properly.
Today the Multiva Financial Group reported that it agreed to acquire the entire Cibanco fiduciary business, although it did not detail the amount.
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The purchase is now subject to the approval of the corresponding authorities.
After the United States measure, on July 4, the Hacienda announced the split and the process of temporary transfer of the Fiduciary Business of Cibanco and Interm to the Development Bank, with the aim that these instruments continue to operate without interruptions.
