Anti-Money Laundering and Countering the Financing of Terrorism Programs

5 organizations filed 5 public comments on Anti-Money Laundering and Countering the Financing of Terrorism Programs, at the FINCEN. The comment window closed 49d ago.

Abstract

Pursuant to the Department of the Treasury (Treasury) and FinCEN’s efforts to modernize the Bank Secrecy Act (BSA) and to implement provisions of the Anti-Money Laundering Act of 2020 (AML Act), FinCEN is proposing a new rule to revise the requirements for financial institutions’ anti-money laundering and countering the financing of terrorism (AML/CFT) programs. This forthcoming NPRM will supersede the proposed rule on AML/CFT programs that FinCEN issued in July 2024, which FinCEN does not intend to finalize.

Commenters (5)

• American Bankers Associationtrade assoc.

  1 filing · confidence 97%
• Bank Policy Institutetrade assoc.

  1 filing · confidence 97%
• Cato Institutetrade assoc.

  1 filing · confidence 97%
• Cooperative Credit Union Associationtrade assoc.

  1 filing · confidence 97%
• Wisconsin Bankers Associationtrade assoc.

  1 filing · confidence 97%