factually
Index/Topics/Disruption of Illicit Remittance Channels

Disruption of Illicit Remittance Channels

The Treasury and FinCEN's efforts to disrupt remittance channels suspected of moving illicit proceeds through various measures such as Geographic Targeting Orders, MSB registration, and financial sanctions.

Fact-Checks

1 result
Jan 21, 2026

What specific Treasury and FinCEN measures have been used historically to disrupt remittance networks and how effective were they?

Treasury and its Financial Crimes Enforcement Network (FinCEN) have used a toolkit—temporary Geographic Targeting Orders (GTOs), MSB registration and Bank Secrecy Act (BSA) rulemaking, recordkeeping a...