Regulatory Alerts2026-07-09
Added · Updated
OCC Bulletin 2026-30: Highlighting FinCEN Guidance on Voluntary Information Sharing
The Office of the Comptroller of the Currency highlights the updated Section 314(b) Fact Sheet issued by FinCEN to clarify how financial institutions may share information about suspected fraud under the USA PATRIOT Act. The guidance establishes a liability safe harbor for sharing data such as video footage and cyber-related indicators among registered institutions, even without a specific link to a particular customer or transaction. The OCC encourages banks to utilize this voluntary sharing mechanism to support whole-of-government efforts to combat money laundering and terrorist financing.