Proposal of Special Measure Prohibiting the Transmittal of Funds Regarding Transactions Involving the A7 Network's Sub-Agents

What it does

FinCEN is issuing a finding and notice of proposed rulemaking, pursuant to section 9714(a) of the Combating Russian Money Laundering Act (Public Law 116-283), as amended by section 6106(b) of the National Defense Authorization Act for Fiscal Year 2022 (Public Law 117-81), finding transactions involving any company operating outside of the United States that is controlled by the A7 Network, a sanctions evasion and money laundering service with ties to Russia, leveraged by a wide range of illicit actors, including Iran and its terrorist proxies, to be a class of transactions of primary money laundering concern in connection with Russian illicit finance and proposing the imposition of a prohibition on certain transmittals of funds, by any covered financial institution, involving that class of transactions.

The Financial Crimes Enforcement Network's summary, as published in the Federal Register.

What it would change

1 part of Title 31 of the Code of Federal Regulations:

31 CFR 1010

Before this

No earlier Federal Register document under regulation identifier 1506-AB77 since Jan. 1, 2025.

What happens next and when

Written comments on the notice of proposed rulemaking must be submitted on or before November 4, 2026.

The agency's dates, word for word.

Check it yourself

• The document in the Federal Register
• Docket FINCEN-2026-0265 on Regulations.gov
• Title 31 on eCFR

The record as published

Source: the Federal Register (public domain). The document in the Federal Register