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Comment Period: Proposal of Special Measure Regarding Banque Misr UAE as a Financial Institution Operating Outside of the United States of Primary Money Laundering Concern

AGENCY:

Financial Crimes Enforcement Network (FinCEN), Treasury.

ACTION:

Notice of proposed rulemaking.

SUMMARY:

The NPRM would prohibit U.S. banks from maintaining correspondent accounts for Banque Misr UAE and require enhanced due diligence on foreign correspondent accounts to ensure they are not used to process transactions involving that institution

DATES:

Written comments on the notice of proposed rulemaking must be submitted on or before October 1, 2026.

https://www.federalregister.gov/documents/2026/09/01/2026-17871/proposal-of-special-measure-regarding-banque-misr-uae-as-a-financial-institution-operating-outside

  • October 1, 2026
  • Time: All Day