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US Treasury
The platform will serve as a clearinghouse for cybersecurity vulnerability data sharing and coordination.
Several legislative proposals, actions, and regulations are underway in parallel, all at different stages of maturity and all subject to significant political uncertainty.
The directive created an AI cybersecurity clearinghouse and called for voluntary government early access to the most capable models.
FinCEN also seeks to oversee more of the AML/CFT supervision process by requiring US banking regulators to consult with it before undertaking certain supervisory or enforcement actions.
The advisory urged insiders at financial institutions to be vigilant for fraudsters, organized crime groups, and transnational criminal organizations that increasingly target government benefits programs.
The reports trace threats to the US financial system, including ones involving drug cartels, transnational criminal organizations and money-laundering networks.
While urging vigilance, FinCEN cautioned that firms should avoid "wholesale or indiscriminate de-risking."