1506-AB57 202304 Unified Agenda of Federal Regulatory and Deregulatory Actions 1506 Financial Crimes Enforcement Network FINCEN 1500 Department of the Treasury TREAS Section 6314. Updating Whistleblower Incentives and Protection

FinCEN intends to issue a notice of proposed rulemaking to establish a whistleblower award program for eligible individuals that provide information regarding certain violations of the Bank Secrecy Act (BSA) and U.S. economic sanctions. The proposed regulations would implement section 6314 of the Anti-Money Laundering Act of 2020 (AML Act) and the Anti-Money Laundering Whistleblower Improvement Act (AML Whistleblower Improvement Act), enacted into law as part of the National Defense Authorization Act for Fiscal Year 2021 (NDAA) and the Consolidated Appropriations Act, 2023, respectively. Pursuant to the proposed regulations, potential whistleblowers would voluntarily provide information regarding violations to FinCEN, the Department of Justice, or a whistleblower’s employer.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Proposed Rule Stage Undetermined No 31 CFR ch. X 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 07/00/2023 NPRM Comment Period End 09/00/2023 No No None No No No No FinCEN Regulatory Support Section 1506 Financial Crimes Enforcement Network FINCEN 800 767-2825 frc@fincen.gov P.O. Box 39, Vienna VA 22183