FinCEN Expands Bank Information-Sharing Guidance

Posted 6/15/26

The move gives banks a clearer path to exchange fraud-related customer and transaction information without violating information-sharing restrictions, expanding the practical use of Section 314(b) beyond traditional money-laundering and terrorist-financing cases. It also ties bank compliance programs more directly to Treasury’s campaign against payroll tax fraud, labor exploitation and other illicit finance risks.

This item is available in full to subscribers.

Please log in to continue

Log in