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Anti-Money Laundering and Countering the Financing of Terrorism Program Requirements [R-1835]

Rulemaking Proposal

The OCC, Board, FDIC and NCUA (each an "Agency") are inviting public comment on a proposed rule that would amend the requirements that each Agency has issued for its supervised banks (currently referred to as "Bank Secrecy Act (BSA) compliance programs") to establish, implement, and maintain effective, risk-based, and reasonably designed Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) programs.

Comments Due: 10/08/2024