Treasury Sanctions A7 Shadow-Banking Network

FinCEN Moves Against Its Global Sub-Agents

Posted 10/2/26

The Treasury Department has sanctioned the Russia-linked A7 Network as a significant transnational criminal organization while FinCEN has moved separately to bar U.S. financial institutions from transmitting funds involving A7's overseas sub-agents, targeting a payment network built to keep Russian foreign trade moving under Western sanctions.

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