# Proposal of Special Measure Regarding Banque Misr UAE as a Financial Institution Operating Outside of the United States of Primary Money Laundering Concern

**Action Urgency Score:** 20/100

| Field | Value |
|---|---|
| Agency | Treasury Department; Financial Crimes Enforcement Network |
| Type | Proposed rule |
| Action | Notice of proposed rulemaking. |
| Published | 2026-09-01 |
| Comments close | 2026-10-01 |
| Significant | No |
| CFR parts | 31 CFR 1010 |
| Summary | FinCEN is issuing a notice of proposed rulemaking, pursuant to section 311 of the USA PATRIOT Act, that finds the five United Arab Emirates-based branches of Banque Misr (collectively, Banque Misr UAE) to be of primary money laundering concern and proposes imposing a special measure to: prohibit U.S. financial institutions from opening or maintaining a correspondent account for, or on behalf of, Banque Misr UAE; require U.S. financial institutions to take reasonable steps not to process a transaction for the correspondent account in the United States of a foreign banking institution if such a  |
| Document number | 2026-17871 |

## Why this score


Source: Federal Register API (Office of the Federal Register) (https://www.federalregister.gov/documents/2026/09/01/2026-17871/proposal-of-special-measure-regarding-banque-misr-uae-as-a-financial-institution-operating-outside). Last refreshed: 2026-11-04T21:40:49.974Z.
Data from the Federal Register API; the published Federal Register document is authoritative. Informational only, not legal advice.