On July 7, 2026, the Federal Reserve Board issued a proposal to amend its requirements for banks to maintain anti-money laundering programs. According to the Fed’s press release, the amendments are intended to align with changes to anti-money laundering program requirements separately proposed by the other agencies.

The proposal would:

Require banks to focus their anti-money laundering resources based on risk, with more attention given to higher-risk customers and activities; and
Require banks to incorporate the FinCEN’s anti-money laundering priorities into their risk assessment processes; and
Prioritize supervision and enforcement activities on significant failures to implement anti-money laundering program.

Comments on the proposed rule will be accepted through September 8, 2026.

Read the Federal Reserve’s press release here.

The proposed rule can be found here.

Adam Witmer

Adam Witmer is a speaker, author, and founder of the Compliance Cohort. Adam has taught hundreds of seminars and training sessions to thousands of bankers throughout the United States and teaches on all areas of regulatory compliance. Adam has written five e-books that he never published, hit a grizzly bear while driving in a National Park, and is an award winning photographer and musician (though he no longer takes photos nor plays any instruments). In his spare time, Adam can be found kayaking on the lake, doing taekwondo with his kids, working on his (project) house, or spending time with his family.

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