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U.S. Treasury delays sanctions on three Mexican firms linked to money laundering until September 4th.
The U.S. Treasury has given three Mexican financial firms a 45-day reprieve from sanctions aimed at cutting off their access to the U.S. financial system due to alleged money laundering linked to drug cartels.
This move comes after Mexico made progress in addressing the issue.
The ban, originally set to take effect, is now delayed until September 4th, reflecting U.S. acknowledgment of Mexico’s efforts to combat financial crimes.
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El Tesoro de EE.UU. retrasa las sanciones contra tres firmas mexicanas vinculadas al lavado de dinero hasta el 4 de septiembre.