Date:

Jun 9, 2026

Time: 11:59 PM

The NCUA Board is requesting comments on the tenth round of proposed regulatory changes under the NCUA Deregulation Project. The comment period ends on June 9, 2026, at 11:59 p.m. Eastern.

The proposals would clarify agency guidance or remove unnecessary, redundant, overly prescriptive, obsolete, or unduly burdensome requirements in the Code of Federal Regulations, including:

12 CFR Part 748, Anti-Money Laundering and Countering the Financing of Terrorism Programs — The Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and the National Credit Union Administration are inviting comment on a proposed rule that would require banks to establish and maintain effective anti-money laundering and countering the financing of terrorism programs reasonably designed to identify, assess, and mitigate risks of illicit finance. The amendments are intended to align with changes that are being concurrently proposed by the Financial Crimes Enforcement Network to implement provisions of the Anti-Money Laundering Act of 2020.

For more information or to submit a comment, please visit Regulations.gov.

12 CFR Part 748, Anti-Money Laundering and Countering the Financing of Terrorism Programs — https://www.regulations.gov/document/NCUA-2024-0033-0019

For more information about the NCUA Deregulation Project, visit: https://ncua.gov/news/deregulation-project

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Comments on Deregulation Project Proposals Due June 9

Last modified on

04/15/26