Laurel Loomis Rimon Analyzes FinCEN's Proposed New Rules for Bank Secrecy Act and Countering Financing of Terrorism Requirements
In the New York Law Journal, Partner Laurel Loomis Rimon analyzed the Financial Crimes Enforcement Network's (FinCEN) proposed overhaul of Bank Secrecy Act Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) program requirements. In an article entitled A Practitioner's Guide to FinCEN's New AML/CFT Rules, Laurel highlights aspects of the proposed rules that would raise potential enforcement risks.
Laurel discusses how regulators are likely to enforce their authority in the context of the proposed new rules, focusing on fintech companies, crypto platforms, and their bank partners. She analyzes the rule's new "establish and maintain" framework, the continuous risk assessment obligations triggered by material business changes, and FinCEN's explicit encouragement of machine learning and other innovative compliance technologies.
Laurel is a partner in Jenner & Block's where she serves as a Co-Chair of the firm’s Fintech and Crypto Assets Practice. She is also founder of Jenner’s Payments Practice.
© 2026 Jenner & Block LLP. Attorney Advertising. Jenner & Block LLP is an Illinois Limited Liability Partnership including professional corporations. This publication, presentation, or event is not intended to provide legal advice but to provide information on legal matters and/or firm news of interest to our clients and colleagues. Readers or attendees should seek specific legal advice before taking any action with respect to matters mentioned in this publication or at this event. The attorney responsible for this communication is Brent E. Kidwell, Jenner & Block LLP, 353 N. Clark Street, Chicago, IL 60654-3456. Prior results do not guarantee a similar outcome. Jenner & Block London LLP, an affiliate of Jenner & Block LLP, is a limited liability partnership established under the laws of the State of Delaware, USA and is authorised and regulated by the Solicitors Regulation Authority with SRA number 615729. Information regarding the data we collect and the rights you have over your data can be found in our Privacy Notice. For further inquiries, please contact dataprotection@jenner.com.
In the New York Law Journal, Partner Laurel Loomis Rimon analyzed the Financial Crimes Enforcement Network's (FinCEN) proposed overhaul of Bank Secrecy Act Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) program requirements. In an article entitled A Practitioner's Guide to FinCEN's New AML/CFT Rules, Laurel highlights aspects of the proposed rules that would raise potential enforcement risks.
Laurel discusses how regulators are likely to enforce their authority in the context of the proposed new rules, focusing on fintech companies, crypto platforms, and their bank partners. She analyzes the rule's new "establish and maintain" framework, the continuous risk assessment obligations triggered by material business changes, and FinCEN's explicit encouragement of machine learning and other innovative compliance technologies.
Laurel is a partner in Jenner & Block's where she serves as a Co-Chair of the firm’s Fintech and Crypto Assets Practice. She is also founder of Jenner’s Payments Practice.
© 2026 Jenner & Block LLP. Attorney Advertising. Jenner & Block LLP is an Illinois Limited Liability Partnership including professional corporations. This publication, presentation, or event is not intended to provide legal advice but to provide information on legal matters and/or firm news of interest to our clients and colleagues. Readers or attendees should seek specific legal advice before taking any action with respect to matters mentioned in this publication or at this event. The attorney responsible for this communication is Brent E. Kidwell, Jenner & Block LLP, 353 N. Clark Street, Chicago, IL 60654-3456. Prior results do not guarantee a similar outcome. Jenner & Block London LLP, an affiliate of Jenner & Block LLP, is a limited liability partnership established under the laws of the State of Delaware, USA and is authorised and regulated by the Solicitors Regulation Authority with SRA number 615729. Information regarding the data we collect and the rights you have over your data can be found in our Privacy Notice. For further inquiries, please contact dataprotection@jenner.com.
News and Insights
Event
Jenner & Block Partners to Speak at Council on Governmental Relations Conference
On June 11, Partners Mike Vernick, Katie Wynbrandt, and Betsy Henthorne will speak on a panel at the Council on Governmental Relations (COGR) meeting.
June 11, 2026
Recognition
Jenner & Block's Law Firm Defense Practice Receives Band 1 Nationwide Ranking in 2026 Chambers USA
For the third consecutive year, Jenner & Block's Law Firm and Professional Services Defense Practice has achieved a Nationwide Band 1 ranking in the 2026 edition of Chambers USA.
June 10, 2026
Publications
Partner Emily Loeb Quoted in Semafor on Corporate Risk Ahead of Midterm Elections
Partner Emily Loeb was quoted in Semafor in an article examining how House Democrats plan to leverage a potential midterm election majority to pursue oversight investigations into corporations with ties to the Trump administration.
June 9, 2026