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 due 60 days after Federal Register publication, submitted separately to each agency’s docket.
The headline
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, supports Operation Economic Outcast, which is the Trump administration’s campaign to sever the economic lifelines
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 through the U.S. financial system between September 2023 and December 2025. The alert, designated FIN-2026-Alert005
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 (FinCEN) issued a Joint Statement on Suspicious Activity Report (SAR) Confidentiality Considerations Regarding Communications with
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 primary money-laundering concern. The proposed rule, issued under Section 311 of the USA PATRIOT Act
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, driven in large part by Executive Order 14393, titled “Promoting Access to Mortgage Credit
On May 28, 2026, Secretary of State Marco Rubio announced that the U.S. Department of State designated Comando Vermelho (CV) and Primeiro Comando da Capital (PCC), Brazil’s two largest and most violent criminal organizations, as Specially Designated Global Terrorists (SDGTs) under Executive Order 13224 and as Foreign Terrorist Organizations (FTOs) under Section 219 of the
On May 21, 2026, the Office of the Comptroller of the Currency (OCC) made public an April 2026 consent order (AA-ENF-2025-21) against a federal savings association based in the Northeast for deficiencies in its Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance program. The order is the latest in a growing line of enforcement actions demonstrating that
On May 11, 2026, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an alert designed to help financial institutions identify and disrupt funding streams and procurement networks supporting Iran’s Islamic Revolutionary Guard Corps (IRGC). The alert arrives at a moment of intensified U.S. economic pressure on the Iranian regime — part
The Ninth Circuit case United States ex rel. Thrower v. Academy Mortgage Corp. provides mortgage lenders, servicers, and other entities submitting claims for payment to the federal government an important reminder of how private litigants create potential liability under the False Claims Act (FCA), even when the government shows little initiative to proceed (or, in