On December 22, 2025, FinCEN announced a multi-tiered operation targeting more than 100 U.S. money services businesses (MSBs) operating along the southwest border to look for potential non-compliance with regulations designed to detect money laundering and combat illicit finance. According to FinCEN, the operation resulted in the issuance of six notices of investigation, dozens of examination referrals to the Internal Revenue Service (IRS), and over 50 compliance outreach letters.

Dec 23
Dec 23 FinCEN Exchange to Identify and Dismantle Money Laundering Networks

Adam Witmer

BSA, Regulatory Update

On December 19, 2025, FinCEN held a FinCEN Exchange focused on denying individual Chinese money launders access to the U.S. and global financial systems. The Exchange was attended by global financial institutions, federal law enforcement agencies, and Treasury officials.

Dec 23
Dec 23 OCC Rescinds Several Issuances

Adam Witmer

Regulatory Update

On December 19, 2025, the OCC rescinded 55 outdated or replaced OCC issuances published between 1983 and 2023 and 21 transmittal (or cover) bulletins issued between 2003 and 2023. The rescinded issuances were either outdated, replaced, incorporated, or is a cover letter that conveyed another document.

Dec 22
Dec 22 CFPB Settles with Key Credit Repair

Adam Witmer

Regulatory Update

On December 17, 2025, the CFPB, together with the Attorney General of Massachusetts, reached a settlement with Key Credit Repair to resolve a lawsuit originally filed in 2020. This settlement underscores the ongoing efforts of regulatory agencies to protect consumers from potentially deceptive practices within the credit repair industry.

Dec 22
Dec 22 FDIC Approves GENIUS Act Procedures for Payment Stablecoin Issuance

Adam Witmer

Regulatory Update

On December 16, 2025, the FDIC approved a notice of proposed rulemaking that would implement the application provisions under the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). The GENIUS Act allows insured depository institutions to issue payment stablecoins through a subsidiary and to engage in certain related activities.

Dec 22
Dec 22 OCC Releases Fall 2025 Semiannual Risk Perspective

Adam Witmer

Regulatory Update

On December 16, 2025, the OCC released their Fall 2025 edition of the publication Semiannual Risk Perspective. The publication addresses key issues facing banks, focusing on those that pose threats to the safety and soundness of banks and their compliance with applicable laws and regulations.

Dec 18
Dec 18 Fed Updates Policy for Board-Supervised Banks to Foster Responsible Innovation

Adam Witmer

Regulatory Update

On December 17, 2025, the Federal Reserve Board withdrew a 2023 policy statement and issued a new policy statement regarding the treatment of certain Board-supervised banks that facilitates responsible innovation. The updated policy statement provides a pathway for both insured and uninsured state member banks under Board supervision to participate in specific innovative activities.

Dec 17
Dec 17 CFPB Updates Reg Z Thresholds for 2026

Adam Witmer

Regulatory Update, Regulation Z

On December 15, 2025, the CFPB published three threshold changes. Two of the threshold changes relate to Regulation Z, while one change relates to consumer leasing under Regulation M. The changes were based on the 2.1 percent increase in CPI-W as of June 1, 2025.

Dec 16
Dec 16 New E.O. Ensures Artificial Intelligence Policy Framework

Adam Witmer

Regulatory Update

On December 11, 2025, President Donald J. Trump signed an Executive Order that aims “to protect American AI innovation from an inconsistent and costly compliance regime resulting from varying State laws.” The Order calls to create a national AI law that would take priority over state laws, allowing for more innovation.

Dec 15
Dec 15 CFPB Publishes Buy Now Pay Later Data Spotlight

Adam Witmer

Regulatory Update

On December 10, 2025, the CFPB published a Data Spotlight on Buy Now Pay Later that examined market trends and key metrics in the BNPL market for 2022 and 2023. The data demonstrates that BNPL products remain a popular financing choice with consumers.

Dec 24
Dec 24 FinCEN’s Data-Driven Border Operation to Address Potential Money Laundering

Dec 23
Dec 23 FinCEN Exchange to Identify and Dismantle Money Laundering Networks

Dec 23
Dec 23 OCC Rescinds Several Issuances

Dec 22
Dec 22 CFPB Settles with Key Credit Repair

Dec 22
Dec 22 FDIC Approves GENIUS Act Procedures for Payment Stablecoin Issuance

Dec 22
Dec 22 OCC Releases Fall 2025 Semiannual Risk Perspective

Dec 18
Dec 18 Fed Updates Policy for Board-Supervised Banks to Foster Responsible Innovation

Dec 17
Dec 17 CFPB Updates Reg Z Thresholds for 2026

Dec 16
Dec 16 New E.O. Ensures Artificial Intelligence Policy Framework

Dec 15
Dec 15 CFPB Publishes Buy Now Pay Later Data Spotlight

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