Tag: illicit_finance

Federal Reserve Board Requests Comment on Bank Anti-Money Laundering Program Amendments

7 Jul 2026 3:08 p.m. · Source: US Federal Reserve

The Federal Reserve Board is seeking public comment on proposed amendments to its anti-money laundering (AML) program requirements for banks. This move aims to update regulations and enhance banks' efforts against illicit financial activities.

Business Politics and Government Federal Government Banking Legal Economy Federal Reserve Board anti-money laundering AML banks financial regulation public comment illicit finance U.S. Federal Reserve