The Trump administration has taken two actions to attack money laundering rings operating in Mexico, highlighting the U.S. government’s focus on curbing the fentanyl trade and the illegal profits it generates.

On Monday, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) designated sanctions on six individuals and seven entities related to the Sinaloa Cartel, a group that the State Department named a foreign terrorist organization in February.

Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...