Ohio Bankers League: FinCEN Issues Significant Relief on Customer Due Diligence Rule
February 19, 2026
February 19, 2026
COLUMBUS, Ohio, Feb. 19 -- The Ohio Bankers League issued the following news on Feb. 18, 2026:
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FinCEN Issues Significant Relief on Customer Due Diligence Rule
The Financial Crimes Enforcement Network (FinCEN) last week issued targeted regulatory relief under the Bank Secrecy Act by easing customer due diligence (CDD) requirements for banks -- a welcome step toward a more practical, risk-based compliance framework. Under the new ruling, banks are no lo . . .
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FinCEN Issues Significant Relief on Customer Due Diligence Rule
The Financial Crimes Enforcement Network (FinCEN) last week issued targeted regulatory relief under the Bank Secrecy Act by easing customer due diligence (CDD) requirements for banks -- a welcome step toward a more practical, risk-based compliance framework. Under the new ruling, banks are no lo . . .