This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Trump administration unveils draft plan to combat money laundering

By Neil Roland ( April 7, 2026, 22:07 GMT | Insight) -- The Trump administration unveiled a draft, mostly industry-friendly plan to combat money laundering and terrorism financing by ceding decision-making responsibilities to banks to assess their illicit financial risks. The rule proposals seek to incorporate a 2020 law’s mandate that a bank’s anti-money-laundering/countering-the-financing-of-terrorism programs direct more resources toward higher-risk customers and activities, consistent with the firm’s risk profile. The proposals, which seek public comment, refocus banks’ compliance obligations and expectations on effectiveness through implementation.The Trump administration on Tuesday unveiled a draft, mostly industry-friendly plan to combat money laundering and terrorism financing by ceding decision-making responsibilities to banks to assess their illicit financial risks....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections