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The designations were issued pursuant to Executive Orders 14059 (illicit drugs) and 13224 (terrorism), together with Executive Order 14367, which designated fentanyl and its precursors as Weapons of Mass Destruction. The designated Mexican companies played roles including brokerage of chemical precursors, importation and customs clearance, logistics and transportation, and served as front companies for the network. The risks arising from these designations are not limited to those sanctioned: any company with commercial or financial relationships — whether direct or indirect — with designated individuals or entities may face FIU investigations, freezing of bank accounts, OFAC fines, loss of certifications (VAT, IEPS, IMMEX and AEO status) and restrictions on exports to the U.S.
Companies are urged to promptly identify any links with designated parties, assess their level of exposure, and strengthen their due diligence and compliance programs.
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