On May 19, 2026, President Trump issued an executive order titled “Restoring Integrity to America’s Financial System,” directing federal financial regulators to review and strengthen BSA/AML, CDD and CIP frameworks in response to risks related to illicit financing, structural credit risk caused by non work authorized populations and their employers, and trafficking. This deck outlines key implementation deadlines, contemplated regulatory changes and the open questions financial institutions are facing.

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