Media Advisory: Acting Director for the Office of Foreign Assets Control Lisa Palluconi to Travel to Colombia and Mexico

WASHINGTON – From September 23 to September 27, Acting Director for Treasury’s Office of Foreign Assets Control (OFAC) Lisa Palluconi will travel to Colombia and Mexico to strengthen Treasury’s ties with the sanctions compliance communities. The Biden-Harris Administration’s sanctions authorities, such as Executive Order 14059 signed in December 2021, strengthen Treasury’s ability to combat the global drug trade by targeting drug traffickers, money launderers, and facilitators. Since December 2021, Treasury has designated major drug trafficking organizations based in Colombia, such as Clan del Golfo, and Mexico, including the Cartel Jalisco Nueva Generacion (CJNG) and the Sinaloa Cartel. Last year, Secretary Yellen launched the Counter-Fentanyl Strike Force, which brings together Treasury’s expertise and resources in fighting financial crime, led by the Office of Terrorism and Financial Intelligence and IRS Criminal Investigation.In Bogota, Colombia, Acting Director Palluconi will provide the keynote remarks at the second United States-Colombia Joint Summit on Sanctions