JD Supra

Treasury’s Proposed Rule Brings Stablecoin Issuers into the BSA Framework

On April 8, 2026, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) and Office of Foreign Assets Control ...
JD Supra

Modernizing AML/CFT: FinCEN Proposes Fundamental Reforms to Program Requirements

On April 7, 2026, the Financial Crimes Enforcement Network ("FinCEN") issued a Notice of Proposed Rulemaking ("NPRM") to fundamentally ...
Hosted on MSN

FinCEN’s Proposed Rulemaking and Its Implications for Financial Institutions

The Bank Secrecy Act (BSA) program requirements are going to change. On June 28, 2024, the Financial Crimes Enforcement Network (FinCEN) issued a Notice of Proposed Rule Making (NPRM) to strengthen ...
Finextra

Lack of confidence in your AML CFT program? Why?

A substantial number of compliance officers (about 44 per cent) lack confidence in the anti-money laundering (AML) programs of their organizations, according to a new report (#mce_temp_url#) That’s an ...
Finextra

8 Ways Innovative Technologies can Boost AML/CFT Program Effectiveness

The current financial crime compliance management efforts are based on a combination of automated but static analysis of a pre-determined set of risk factors, together with human judgement. Legacy ...
National Law Review

FinCEN Proposes Reforms to AML/CFT Program Requirements

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) published a notice of proposed rulemaking (Proposed Rule) designed to reform anti-money laundering and countering ...
National Law Review

FinCEN Proposes Major Revisions to AML/CFT Program Requirements

Require “effective” AML/CFT programs. FinCEN would formally distinguish between establishing an AML/CFT program and maintaining it through implementation in all material respects, with that ...