Jonathan Harrington

1 month ago | natlawreview.com | Aron C. Beezley |Nathaniel J. Greeson |Jonathan Harrington |Leah Campbell

Skip to main content March 24, 2025 Volume XV, Number 83 Legal Analysis. Expertly Written. Quickly Found.

1 month ago | natlawreview.com | Jonathan Harrington |Leah Campbell |Eric Troutman |Seth Ashby

On March 11, 2025, the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued a Geographic Targeting Order (GTO) aimed at disrupting drug trafficking and money laundering along the southwestern border. The GTO significantly lowers the Currency Transaction Reports (CTR) threshold from $10,000 to $200 for money service businesses (MSBs) operating in 30 zip codes across California and Texas.