Banking and Finance Law Daily Wrap Up, REGULATION TRACKER—Upcoming comment deadlines and effective dates, (Aug 17, 2026)

By WK Editorial Staff

Comment deadlines and effective dates for regulatory activity issued by the federal financial institution agencies.

The Banking and Finance Law Daily Regulation Tracker includes a Proposed Rules Comment Calendar and a table of Final Rule Effective Dates. Recent activity includes the following:

The Office of the Comptroller of the Currency and Federal Deposit Insurance Corporation have formally published, in the Federal Register, a proposed rulemaking to amend their Community Reinvestment Act regulations. Specifically, the proposed rulemaking would amend the framework the agencies adopted in 1995 to refocus the agencies’ CRA supervision efforts on the statutory objective of encouraging banks to meet the credit needs of their communities; better ensure that community development grants reach the communities they are intended to benefit; reduce unnecessary burden for banks, particularly for community banks; and provide greater clarity for how to obtain CRA consideration.

The Financial Crimes Enforcement Network has adopted as final and with certain limited changes its March 2025 interim final rule which narrowed beneficial ownership information (BOI) reporting requirements under the agency’s regulations implementing the Corporate Transparency Act (CTA). FinCEN’s final rule not only continues to exempt reporting companies from having to report the BOI of U.S. person beneficial owners and U.S. person beneficial owners from having to provide BOI to reporting companies; it also exempts reporting companies from having to submit information about their U.S. person company applicants to FinCEN and exempts U.S. person company applicants from any obligation to provide their information. In addition, the final rule exempts all U.S. persons from the requirement to update information already provided to FinCEN in connection with obtaining a FinCEN identifier, known as, a FinCEN ID.

The Treasury Department is proposing to issue regulations to implement Section 3 of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act regarding the statutory prohibitions and limitations on payment stablecoin issuance, offer, and sale in the United States. In a press release, the Treasury Department stated, “By defining what it means to ‘issue a payment stablecoin in the United States,’ the proposed rule would provide clarity to industry regarding when an issuer needs to obtain a GENIUS license. And by defining what it means to ‘offer or sell’ a payment stablecoin to a person ‘in the United States,’ the proposed regulation would provide clarity to industry regarding when and how payment stablecoins can be offered or sold in U.S. markets.”

See the Regulation Tracker for details.

RegulatoryActivity: BankingOperations BankSecrecyAct CommunityDevelopment Loans FinancialIntermediaries FinTech