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Fentanyl advisory for finserv firms aims to curb illicit supply chain

Image of US Treasury Secretary Janet Yellen.
US Treasury Secretary Janet Yellen. Photo: Alex Wong/Getty Images

Julie DiMauro

2 min read
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FinCEN move to track drug trade financial flows comes alongside new sanctions from US Treasury.

US Treasury Secretary Janet Yellen has announced new sanctions on leaders of a Mexican drug cartel involved in trafficking fentanyl and its pre-cursor chemicals into the US as part of a broader push to try to stem the flow of the deadly synthetic opioid.

Yellen detailed the sanctions against eight

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