REGULATION · US
Federal Reserve overhauls AML rules to mandate risk-based resource allocation
The Fed is amending anti-money laundering (AML) requirements to force banks to allocate compliance resources based on customer and activity risk profiles, rather than blanket programs. Affects all US-regulated banks.
WHY IT MATTERS
Banks must retrain AML teams and recalibrate alert systems; vendors selling risk-scoring AI to banking compliance will see accelerated RFP cycles.
Source: PYMNTS · 2026-07-08