FinCEN Issues Supplemental Advisory
Secretary of the Treasury Janet L. Yellen announced that FinCEN issued an advisory alerting U.S. financial institutions to new trends in the illicit fentanyl supply chain, emphasizing vigilance in identifying and reporting suspicious activity linked to Mexico-based criminal organizations obtaining fentanyl precursors from Chinese suppliers, complementing the 2019 advisory with updated typologies and red flags, as mandated by the FEND Off Fentanyl Act. [6/20/24]
