On September 10, 2026, the OCC, Federal Reserve Board, FDIC, and NCUA jointly proposed guidance that would rescind and fully replace the 2023 Interagency Guidance on Third-Party Relationships: Risk Management (88 FR 37920) and its three supplemental resources. Comments are
On September 8, 2026, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an alert to assist financial institutions in identifying and reporting on procurement networks that support Iran’s commercial aviation industry. The alert, designated FIN-2026-Alert006,
On September 3, 2026, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) published an alert and accompanying Financial Trend Analysis (FTA) revealing that approximately $12.7 billion in financial activity tied to suspected digital asset investment scams flowed
On September 2, 2026, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Office of the Comptroller of the Currency (OCC), and the Financial Crimes Enforcement Network
On August 28, 2026, the Financial Crimes Enforcement Network (FinCEN) issued a notice of proposed rulemaking (NPRM) finding that the five United Arab Emirates-based branches of Egypt’s state-owned Banque Misr — collectively, “Banque Misr UAE” — are financial institutions of
On August 13, 2026, U.S. District Judge Eric Komitee of the Eastern District of New York issued a decision in Spetner v. Palestine Investment Bank that should command the attention of every financial institution operating in the United States. The
On July 23, 2026, the Consumer Financial Protection Bureau (CFPB) updated its Equal Credit Opportunity Act (ECOA) Baseline Review Procedures. Notably, the updates were issued just two days after the final amendments to Regulation B, the regulation implementing ECOA,
On July 21, 2026, Financial Crimes Enforcement Network (FinCEN) Director Andrea Gacki appeared before the House Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions to deliver written testimony outlining the agency’s current priorities. The hearing provided
On July 14, 2026, a split 9th U.S. Circuit Court of Appeals panel affirmed a preliminary injunction barring enforcement of the Financial Crime Enforcement Network’s (FinCEN) border geographic targeting order (GTO), the rule requiring money service businesses (MSBs) along the
On July 6, 2026, the Consumer Financial Protection Bureau (CFPB) released its latest regulatory agenda, providing a roadmap of the regulatory activity that is to come and shedding light on the current administration’s priorities. Mortgage-related items dominate the agenda,
