Federal News
FFIEC Revises BSA/AML Manual
March 16, 2026
The Federal Financial Institutions Examination Council (FFIEC) updated its Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Examination Manual on February 27, 2026, removing all references to reputation risk. This change aligns with an August 2025 executive order focused on promoting fair banking practices and does not introduce new regulatory requirements for financial institutions. The revisions affect five sections of the manual, signaling a shift in supervisory emphasis but maintaining existing compliance frameworks.
- Procurement professionals supporting financial institutions should note that these manual updates do not alter mandatory compliance obligations but may influence supervisory review focus areas.
- Vendors offering BSA/AML compliance solutions should consider how the removal of reputation risk references might impact risk assessment tools and advisory services.
- This update reflects federal efforts to refine regulatory guidance without expanding compliance burdens, which may affect future contract scopes related to financial regulatory consulting and examination support.
- Organizations involved in financial compliance procurement should review the revised manual to ensure alignment with current supervisory expectations and advisory offerings.
Agencies
Federal Financial Institutions Examination Council, White House