Finance

Mexico Levies Fines on Financial Firms Caught in U.S. Sanctions Spotlight

Download IPFS Mexico has issued administrative fines totaling nearly $10 million against three financial institutions recently blacklisted by the United States, yet maintains there’s no solid evidence of criminal activity. The fines, targeting procedural violations, come amid ongoing U.S. allegations tying these firms to money laundering linked to fentanyl trafficking.[Read More…]

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