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 financing of terrorism (AML/CFT) compliance obligations under the Bank Secrecy Act (BSA).... By: The Volkov Law Group