Zenoo Compliance Brief
FinCEN tightens AML rules across all US financial institutions
Plus, OFAC adds Iran-linked individuals to SDN list, FinCEN shifts to results-based enforcement framework, and Diligent launches third-party risk AI agent.
10 March 2026 · 4 min read
FinCEN has dropped two proposed rules that will reshape how every US financial institution runs its AML/CFT programme. Customer due diligence, beneficial ownership verification, and transaction monitoring all get tighter controls aligned with FATF standards and the Corporate Transparency Act. We've also got OFAC sanctions activity, FinCEN's enforcement pivot, and a new third-party risk tool worth knowing about.
In today's brief
- 1 FinCEN's two new AML rules: what compliance teams need to verify by 2025
- 2 What does OFAC's May 1 Iran designation mean for your transaction screening protocols?
- 3 Will FinCEN's results-based framework force banks to abandon compliance theatre for genuine risk control?
- 4 Can AI-driven third-party reviews reduce onboarding delays without cutting corners on AML/KYC?
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