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TREAS/FINCEN RIN: 1506-AB26 Publication ID: 2026 
Title: Amendments to the Regulations on Reports of Foreign Bank and Financial Accounts 
Abstract:

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.

 
Agency: Department of the Treasury(TREAS)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
EO 14192 Designation: Deregulatory 
CFR Citation: 31 CFR 1010.350   
Legal Authority: 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   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  03/10/2016  81 FR 12613   
NPRM Comment Period End  05/09/2016 
NPRM  03/00/2027 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
International Impacts: This regulatory action will be likely to have international trade and investment effects, or otherwise be of international interest.
RIN Data Printed in the FR: No 
Agency Contact:
FinCEN Regulatory Support Section
Department of the Treasury
Financial Crimes Enforcement Network
P.O. Box 39,
Vienna, VA 22183
Phone:800 767-2825
Email: frc@fincen.gov