FinCEN Proposes New Rule Introducing Reforms to AML/CFT Programs

On April 7, 2026, the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a notice of proposed rulemaking (NPRM) designed to reform anti-money laundering (AML) and countering the financing of terrorism (CFT) programs under the Bank Secrecy Act (BSA).... By: Morrison & Foerster LLP