Skip to content
770-587-4595
Watch FinCEN Aug 1, 2026

FinCEN proposed rule to reform AML/CFT program requirements for financial institutions including MSBs

In April 2026, FinCEN proposed a major rule to reform AML/CFT program requirements for financial institutions covered by the Bank Secrecy Act, including money services businesses. The proposal was still the central unresolved federal MSB regulatory development during the July 18 to August 1, 2026 period.

In April 2026, FinCEN proposed a major rule to reform AML/CFT program requirements for financial institutions covered by the Bank Secrecy Act, including money services businesses. The proposal was still the central unresolved federal MSB regulatory development during the July 18 to August 1, 2026 period.

What changed

FinCEN proposed broad revisions to AML/CFT program rules, with express coverage of MSBs among the affected institution categories.

Compliance perspective

MSBs should review whether their AML program design, risk assessment, governance, monitoring, and documentation would need changes if FinCEN finalizes the proposal. This is a major planning item because it could reshape program structure rather than just add another discrete filing step.

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.

Keep reading

More regulatory updates

Other recent rule changes our team is tracking.

  • Action Florida Office of Financial Regulation FL Aug 3, 2026

    Florida Money Transmitter Rules Active as of July 1, 2026

    Florida Administrative Rules showed Rule 69V-560. 102, Rule 69V-560.

    Read explainer
  • Action Illinois Department of Financial and Professional Regulation IL Aug 3, 2026

    Illinois IDFPR July 2026 Regulatory Agenda, Planned Financial Services Rulemakings

    IDFPR's July 2026 Regulatory Agenda, published July 6, 2026, listed several planned financial services rulemakings with anticipated First Notice in November 2026. No new IDFPR financial proposed or adopted rule was identified in Illinois Register Issue 31 during the July 20 to August 3, 2026 window.

    Read explainer
  • Action Georgia Department of Banking and Finance GA Aug 3, 2026

    Georgia Department of Banking and Finance 2026 Rule Amendments and New Rule 80-3-1-.07

    Georgia adopted multiple Department of Banking and Finance rule amendments and adopted Rule 80-3-1-. 07, with filing on June 16, 2026 and effectiveness on July 6, 2026.

    Read explainer