JD Supra

FinCEN and Federal Banking Agencies Propose Changes to AML/CFT Program Rules

Our Financial Services Group reviews proposed anti-money laundering/countering the financing of terrorism (AML/CFT) program rule changes that ...
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 ...

FinCEN Should Use Special Authority to Enable Better Compliance

Opinion: FinCEN should use its special measures authority to better ensure that foreign financial institutions seeking access ...
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 ...
Case Western Reserve University

“Cryptocurrency: Managing an Effective Anti-Money Laundering Program for This Financial Transaction Technology”

New technology has emerged to the forefront of payment processing, bringing new challenges for anti-money laundering professionals, law enforcement and supervisory agencies. With traditional banks ...
Compliance Week

Risk-Based AML only works if the C-suite agrees what ‘risk’ means

There is a palpable tension that governs most financial crime programs in the United States. Banks build their AML programs on the principle of risk-based compliance. They say it to regulators, write ...