Skip to main content

Matteson Ellis Quoted on FinCEN Advisory in Law360

Subtitle
"World Cup Trafficking Raises Alarm for More Than Just Banks"

Law360

Latin America Practice Lead Matteson Ellis discussed a Financial Crimes Enforcement Network (FinCEN) advisory urging banks to monitor potential human trafficking activity during the 2026 FIFA World Cup, noting that it is raising broader compliance concerns across multiple industries. Ellis said the Trump administration "means it" when it emphasizes prioritizing cartel activity, human trafficking, and other organized crime issues. He added that many companies are reviewing U.S. Treasury Department alerts "for more general guidance on how to manage risks in very complex environments."