26 Jun 2025
⚖️Guidance on Criminal Enforcement for Financial Institutions
Guidance on Referrals for Potential Criminal Enforcement
Summary
This notice describes the plans of the Appraisal Subcommittee of the Federal Financial Institutions Examination Council ("ASC") to address criminally liable regulatory offenses under the recent executive order on Fighting Overcriminalization in Federal Regulations.
Agencies
- Federal Financial Institutions Examination Council
Business Impact
$$$ - High
The guidance outlines how the Appraisal Subcommittee plans to address criminal regulatory offenses, which directly impacts compliance requirements for businesses in the financial sector. Business owners must be aware of potential criminal penalties related to regulatory violations and the criteria, such as harm and gain, that may affect enforcement actions.