On March 30, 2026, FinCEN issued a proposed rule to fully implement a whistleblower program by establishing a framework for offering incentives and protections to encourage individuals to report tips on fraud-related violations of the Bank Secrecy Act, U.S. sanctions programs administered by Treasury’s OFAC, and several other laws critical to safeguarding the U.S. financial system and national security. The proposed rule would implement section 6314 of the Anti-Money Laundering Act of 2020 and the Anti-Money Laundering Whistleblower Improvement Act.

The proposed rule includes:

Procedures for whistleblowers to share information about potential violations in a timely and secure manner, including for submitting an award application;
Eligibility criteria for making awards and the process for adjudicating award applications;
Awards of 10 – 30 percent of collected monetary penalties for individuals whose tip leads to a successful enforcement action by Treasury or the Department of Justice; and
Protections for whistleblowers who provide information to FinCEN’s whistleblower program.

Read FinCEN’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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