FinCEN extends comment period for proposed changes to Huione Group definition
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Table of Contents
The Financial Crimes Enforcement Network (FinCEN) is extending the deadline for people and organizations to submit comments on a proposed rule regarding the Huione Group.
Why it matters: This is an administrative update to a timeline caused by a website error. It does not change the actual substance of the proposed rule, only how long the public has to weigh in on it.
Who it affects
- Financial institutions and compliance officers tracking money laundering risks
This information comes from the Treasury Department’s Financial Crimes Enforcement Network; readers should consult the Federal Register for specific dates and technical details.
Agency: Treasury Department, Financial Crimes Enforcement Network
Source: Federal Register — read the official document