Catherine Yepes

1 month ago | lexology.com | Andrés Fernández |Gabriel Caballero Jr. |Peter Hardy |Eddie Jauregui |Daniel Noste |Catherine Yepes

Highlights The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) on March 11, 2025, issued a Geographic Targeting Order (the Southwest GTO) to combat the illicit activities and money laundering of Mexico-based cartels, drug traffickers and other criminal actors along the Southwest U.S. border.

1 month ago | mondaq.com | Andrés Fernández |Gabriel Caballero Jr. |Daniel Noste |Catherine Yepes

The Trump Administration announced that it would end certainoil-related concessions involving Chevron Corp. operations inVenezuela granted by the Biden Administration. The U.S. Department of the Treasury's Office of ForeignAssets Control (OFAC) issued Venezuela General License 41A,"Authorizing the Wind Down of Certain Transactions Related toChevron Corporation's Joint Ventures in Venezuela," whichallows for previously authorized activities to be subject to awind-down period.