Policy Policy Financial Crimes Enforcement Network (FinCEN)· United States · 2026-04-07

FinCEN Proposes Rule to Fundamentally Reform Financial Institution Programs Designed to Fight Illicit Finance

FinCEN issued a proposed rule to reform financial institutions' anti-money laundering and countering the financing of terrorism programs under the Bank Secrecy Act. The rule aims to modernize the U.S. AML/CFT regulatory framework and reduce compliance burdens while focusing on effectiveness in combating illicit finance.

Action date

2026-04-07

Authority

Financial Crimes Enforcement Network (FinCEN)

Country

United States

Primary source:
https://www.fincen.gov/news/news-releases/fincen-proposes-rule-fundamentally-reform-financial-institution-programs ↗

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