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Spotlight: FinCEN Streamlines CDD Requirements

Spotlight: FinCEN Streamlines CDD Requirements

by Liz DeMarco | Feb 17, 2026 | Risky Business Recap

Snapshot: Big news from Friday—On February 13, 2026, FinCEN issued an order granting exceptive relief from portions of the 2016 Customer Due Diligence (CDD) Rule. The relief removes the requirement for financial institutions to re‑identify and re‑verify beneficial...
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