On April 7, 2026, FinCEN proposed reforms to AML/CFT program requirements affecting MSBs and financial institutions.
What changed
The proposed reforms aim to modernize compliance obligations while retaining necessary MSB regulations.
Compliance perspective
Comments on the proposed rule were due by June 9, 2026; subsequent actions will follow.
Need help keeping up with these changes?
Tell us where you operate and what licenses you hold; we'll handle the filings and renewals so changes like this do not catch you off guard.