FinCEN Calls for Bank Secrecy Act Advisory Group Applicants
Published Date: 2/25/2026
Notice
Summary
FinCEN is looking for new members to join the Bank Secrecy Act Advisory Group, which helps shape rules to stop financial crimes. If you work at a bank, trade group, regulator, or law enforcement agency in the U.S., you can apply by March 27, 2026, for a three-year term. This is a great chance for especially community banks and smaller institutions to have their voices heard—no cost to join, just your ideas!
Analyzed Economic Effects
8 provisions identified: 3 benefits, 5 costs, 0 mixed.
Membership Time Commitment and No Pay
Each selected organization serves a three-year term and must designate one representative who can attend biannual plenary meetings (generally in Washington, DC) and participate in subcommittees. Members will not be paid for time, services, or travel, so organizations must cover any costs and staff time.
Open Call to Join BSA Advisory Group
FinCEN is inviting U.S. financial institutions, trade groups, and federal or non-federal regulators and law enforcement agencies to apply for membership on the Bank Secrecy Act Advisory Group. You (organizations, not individuals) must submit nominations by March 27, 2026, by email to [email protected].
Community Banks Encouraged to Apply
FinCEN specifically encourages community banks and smaller financial institutions, and relevant trade groups, to apply for BSAAG membership so their views can be included in rule discussions. This is an explicit outreach to smaller institutions to participate in three-year terms.
Software/Consultants Not Eligible
Entities that only provide software products, services, or consulting to financial institutions are not independently eligible for BSAAG membership because they are not directly subject to BSA requirements. If you are a vendor or consultant, you cannot join as an independent member.
Organization-Only Nominations Allowed
FinCEN will only consider nominations from organizations; nominations for individuals not representing an organization will not be considered. Organizations should nominate themselves and should not nominate other organizations.
Focus on GENIUS Act and Innovation Expertise
FinCEN is particularly interested in nominations from entities that can share insights on modernizing the BSA framework and implementing the GENIUS Act (enacted July 18, 2025), including use of AI, digital identity verification, blockchain monitoring, and APIs to detect illicit activity involving digital assets. Entities with this expertise are encouraged to apply.
Trade Group Documentation and U.S.-Only Sharing Rule
Trade groups that apply must submit a full list of their members and confirm that, if selected, they will only share BSAAG information with members located within the United States. This adds documentation and sharing restrictions for trade associations.
Possible Public Disclosure of Selected Members
FinCEN may publish categorical information about the types of organizations selected and may disclose specific entity names to appropriate congressional committees upon request. If you apply, your organization's inclusion could be publicly disclosed in these ways.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2025-05199 — Beneficial Ownership Information Reporting Requirement Revision and Deadline Extension
FinCEN is making it easier for U.S. companies by only requiring foreign companies to report who really owns them. Domestic companies don’t have to report or update their ownership info anymore. Plus, foreign companies get more time—30 days—to file or fix their reports, and they don’t have to share info about U.S. owners, saving time and hassle.
2026-06271 — Whistleblower Incentives and Protections
FinCEN is rolling out a new whistleblower program to reward and protect people who report shady financial crimes like money laundering and terrorist financing. This program affects anyone with insider info on violations of key laws and aims to keep our financial system safe. Comments on the proposed rules are open until June 1, 2026, and whistleblowers could earn cash rewards for their tips!
2026-04641 — Geographic Targeting Order Imposing Recordkeeping and Reporting Requirements on Certain Money Services Businesses Along the Southwest Border
Starting March 7, 2026, certain money services businesses along the U.S. southwest border must keep records and report cash transactions between $1,000 and $10,000. They also have to check the ID of anyone making these transactions. If you’re a business not covered before, you have until April 6, 2026, to get compliant—so get ready to track and report!
2026-04033 — Proposal of Special Measure Regarding MBaer Merchant Bank AG as a Financial Institution Operating Outside of the United States of Primary Money Laundering Concern
FinCEN is proposing new rules to stop MBaer Merchant Bank AG, a Swiss bank, from using U.S. financial systems because it’s linked to serious money laundering risks. U.S. banks would have to block MBaer from opening accounts and be extra careful with any transactions involving them. Comments on this plan are open until April 1, 2026, so the public can weigh in before it becomes official.
2025-11990 — Imposition of Special Measure Prohibiting Certain Transmittals of Funds Involving Intercam Banco S.A., Institución de Banca Multiple
FinCEN is blocking some money transfers involving Intercam Banco, a bank outside the U.S. linked to illegal opioid trafficking. This means people and businesses can’t send certain funds through Intercam anymore. The change starts right away to stop dirty money and protect the financial system.
2025-11993 — Imposition of Special Measure Prohibiting Certain Transmittals of Funds Involving CIBanco S.A., Institución De Banca Multiple
FinCEN is blocking some money transfers involving CIBanco, a bank outside the U.S. linked to illegal opioid trafficking. This means people and businesses can’t send certain funds through CIBanco starting now, aiming to stop dirty money from moving around. If you deal with this bank, watch out for these new rules—they could affect your transactions and timing.
Previous / Next Documents
Previous: 2026-03706 — Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Add Liquidity Orders
Nasdaq PHLX is updating its rules for Add Liquidity Orders, which are special orders that help keep the market active by adding new buy or sell offers. This change affects traders using the exchange by tweaking how these orders behave, aiming for smoother and fairer trading. The new rules took effect immediately on February 12, 2026, with no extra fees involved.
Next: 2026-03709 — Proposed Collection: 30-Day Comment Request; The Clinical Trials Reporting Program (CTRP) Database (NCI)
The National Cancer Institute wants your thoughts on their Clinical Trials Reporting Program (CTRP) database, which tracks cancer research studies. If you’re involved in clinical trials or just curious, now’s your chance to comment before March 27, 2026. This helps keep the database accurate and useful without adding extra costs or paperwork burdens.
Take It Personal
Get Your Personalized Policy View
Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in