Tagged #bank-secrecy-act
Every article we've published on this topic, sorted by the agency's own announcement date.
Executive Order 14406 Reshapes Banking Due Diligence for Non-Citizens
President Trump's May 2026 executive order directs Treasury and financial regulators to treat immigration status as a credit risk factor, triggering new advisory guidance and proposed BSA rule changes within 60-180 days that will restrict financial access for non-work-authorized individuals.
Trump's Banking Order: What Practitioners Need to Know
On May 19, 2026, President Trump signed an executive order directing banks to scrutinize customers' citizenship and immigration status. Learn how the order affects your clients' financial access and what red flags banks are being asked to monitor.
Treasury and Bank Regulators Must Issue Immigration Screening Guidance
The White House has issued an executive order directing financial regulators and banks to identify red flags for undocumented workers and assess credit risks tied to immigration status.