JD Supra

FinCEN’s Proposed AML Regime Changes Focus on Results Not Paper

On April 7, FinCEN announced a proposed rule that it described as a “fundamental reform” of AML/CFT program requirements applicable to banks and other financial institutions. The proposal was ...
JD Supra

FinCEN’s Proposed AML Reform Signals a Shift Toward Risk-Based Enforcement and Program Accountability

On April 7, 2026, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) unveiled a sweeping proposed rule aimed at modernizing anti-money laundering and countering the ...