Upcoming Events
Effective Date: Prohibition on the Use of Reputation Risk by Regulators
June 09, 2026
AGENCY: Office of the Comptroller of the Currency, Treasury, and Federal Deposit Insurance Corporation. ACTION: Final rule. SUMMARY: The final rule prohibits the agencies from criticizing, formally or informally, or taking adverse action against a supervised institution or any employee of an institution on the basis of reputation risk. It also prohibits the agencies from…
Comment Period: Anti-Money Laundering and Countering the Financing of Terrorism Programs
June 09, 2026
AGENCY: Financial Crimes Enforcement Network (FinCEN), Treasury. ACTION: Proposed rule. SUMMARY: FinCEN is proposing a rule to fundamentally reform the requirements for financial institutions’ AML/CFT programs. Among other changes, this proposed rule aims to ensure that financial institutions establish and maintain effective AML/CFT programs that better achieve the purposes of the BSA and lead to…
Comment Period: GENIUS Act Requirements and Standards for FDIC-Supervised Permitted Payment Stablecoin Issuers and Insured Depository Institutions
June 09, 2026
AGENCY: Federal Deposit Insurance Corporation ACTION: Notice of proposed rulemaking. SUMMARY: The proposed rule would establish a prudential framework for FDIC-supervised permitted payment stablecoins issuers, including requirements related to reserve assets, redemption, capital, and risk management standards. The proposed rule would also establish requirements for FDIC-supervised permitted payment stablecoin issuers and insured depository institutions (IDIs)…
Comment Period: Anti-Money Laundering and Countering the Financing of Terrorism Programs (OCC, FDIC, and NCUA)
June 09, 2026
AGENCY: Office of the Comptroller of the Currency, Treasury; Federal Deposit Insurance Corporation; and the National Credit Union Administration. ACTION: Notice of proposed rulemaking. SUMMARY: The OCC, FDIC, and NCUA are inviting comment on a proposed rule that would require banks to establish and maintain effective anti-money laundering and countering the financing of terrorism (AML/CFT)…