FinCEN issues modified southwest border targeting order
March 11, 2026 / By ICBA
The Financial Crimes Enforcement Network issued a modified Geographic Targeting Order to combat the illicit activities and money laundering of Mexico-based cartels and other criminal actors along the southwest border of the United States.
Details: The GTO requires certain money services businesses to file Currency Transaction Reports for cash transactions between $1,000 and $10,000 occurring in specific counties and ZIP codes.
Effective Dates: The terms of the GTO are effective March 7 through Sept. 2.
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