Treasury Renews Money Laundering Info-Sharing Rules for Banks
Published Date: 3/31/2026
Notice
Summary
The Treasury Department is renewing its paperwork rules for certain businesses to help fight money laundering. About 127 financial institutions will keep sharing info as needed, spending roughly 19 minutes each year on this. Comments on these rules are open until April 30, 2026, so speak up if you want to weigh in!
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Paperwork Burden on Covered Financial Institutions
If you run a covered financial institution, Treasury expects 127 institutions to respond to this information collection and estimates each responder will spend about 19 minutes per year on it. The rules could apply to a potential universe of 15,710 covered financial institutions, and the total estimated annual burden across subjects is about 40 hours. These collections are being renewed without change, and comments are requested by April 30, 2026.
Personalized for You
How does this regulation affect your finances?
Personalize government policy and PRIA will tell you what this federal register document means for your household, plus every other regulation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Key Dates
Related Federal Register Documents
2026-20277, Federal Scholarship Tax Credit
The IRS is proposing new rules for a tax credit that rewards people who donate to groups giving scholarships for K-12 education. This affects donors, states that approve these groups, and the groups themselves. Comments are open until December 1, 2026, with a public hearing on December 15, so get ready to share your thoughts and maybe save some money on your taxes!
2026-20026, Trump Accounts
Starting September 30, 2026, the IRS is rolling out new temporary rules for Trump accounts, which work like special retirement accounts. The government will automatically set up your first Trump account, and there are new ways to contribute, including using qualified stock. These changes affect account trustees, beneficiaries, and donors, making it easier and clearer to manage and fund Trump accounts.
2026-20027, Trump Accounts
The IRS is rolling out new rules for Trump accounts, which affect trustees, beneficiaries, and donors. These rules cover how to set up accounts, automatic enrollment, and special contributions like qualified stock. Comments on these changes are open until November 30, 2026, so get ready to weigh in!
2026-18219, Car Loan Interest Deduction
This document contains final regulations regarding the deduction for certain taxpayers for an amount up to $10,000 of qualified passenger vehicle loan interest. This document also contains final regulations regarding new information reporting requirements for certain persons who, in a trade or business, receive from any individual interest aggregating $600 or more for any calendar year on a specified passenger vehicle loan, including applicable penalties for failures to file information returns or furnish payee statements as required. These regulations affect taxpayers that may deduct qualified passenger vehicle loan interest, and also persons subject to these information reporting requirements.
2026-17823, Unsafe or Unsound Practices, Matters Requiring Attention
The OCC and FDIC are rolling out a new rule starting November 2, 2026, that clearly defines what counts as 'unsafe or unsound practices' for banks and savings institutions. This update helps banks focus on big financial risks instead of small paperwork issues, making supervision smarter and fairer. Banks will need to adjust how they handle these risks, which could affect their operations and how they communicate with regulators.
2026-17622, Federal Independent Dispute Resolution Operations; Correction
This document corrects typographical errors and omissions in the final rule that appeared in the June 4, 2026, Federal Register titled "Federal Independent Dispute Resolution Operations" (referred to hereafter as the "IDR final rule"). The effective date of the IDR final rule was August 3, 2026.
Previous / Next Documents
Previous: 2026-06191, Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple Departmental Offices Information Collection Requests
The Department of the Treasury is asking for public feedback on several information collection forms they use, including a key quarterly survey from 23 primary dealers who help manage U.S. Treasury securities. These collections help the Treasury decide how much money to borrow each quarter, with no changes proposed but a review deadline of April 30, 2026. If you’re involved in finance or just curious, now’s the time to weigh in before the paperwork stays as is!
Next: 2026-06193, Agency Information Collection Activities: Proposed Collection; Comment Request
The Agency for Healthcare Research and Quality wants to update its big health survey, the Medical Expenditure Panel Survey (MEPS). They’re asking for your thoughts on removing some questions about birth control and gender identity, while considering new sleep questions for the future. If you have opinions, you’ve got until April 30, 2026, to speak up—this could affect how health data is collected and used, with some cost and content changes.