1506-AB26 202510 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 1506 Financial Crimes Enforcement Network FINCEN 1500 Department of the Treasury TREAS Amendments to the Regulations on Reports of Foreign Bank and Financial Accounts

FinCEN intends to issue an NPRM to amend the regulations implementing the BSA regarding reports of foreign bank and financial accounts (FBAR). The proposed rule will relieve burden on certain individuals from FBAR filing requirements. Among other deregulatory objectives, the proposed rule would codify into regulation temporary exceptive relief provided to individuals with signature authority over, but no financial interest in, certain types of reportable accounts.

]]> Other Significant Previously Published in The Unified Agenda Proposed Rule Stage No No Deregulatory 31 CFR 1010.350 12 U.S.C. 1829b 12 U.S.C. 1951 to 1960 31 U.S.C. 5311 to 5314 31 U.S.C. 5316 to 5336 No NPRM 03/10/2016 81 FR 12613 NPRM Comment Period End 05/09/2016 NPRM 03/00/2027 No No None No No No Yes FinCEN Regulatory Support Section 1506 Financial Crimes Enforcement Network FINCEN 800 767-2825 frc@fincen.gov P.O. Box 39, Vienna VA 22183