Definition of Huione Group, a Financial Institution Operating Outside the United States of Primary Money Laundering Concern
Abstract
FinCEN is issuing a notice of proposed rulemaking (NPRM), pursuant to section 311 of the USA PATRIOT Act, that proposes amending the existing definition of Huione Group to include, within the definition of that group, H-Pay Service PLC, and adding and defining the term "successor entity." With this NPRM, FinCEN does not alter its assessment that Huione Group is a financial institution operating outside the United States of primary money laundering concern, and the existing special measure codified at 31 CFR 1010.664 with respect to Huione Group remains in effect.
Federal Register Source
This document is published by the Office of the Federal Register, National Archives and Records Administration. Access the full regulatory text, preamble, and docket comments below.
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Other Rules from Treasury
Frequently Asked Questions
What is the 2026-12794 Federal Register document?
Document 2026-12794 is a Proposed Rule published by the Department of the Treasury in the Federal Register on June 25, 2026. FinCEN is issuing a notice of proposed rulemaking (NPRM), pursuant to section 311 of the USA PATRIOT Act, that proposes amending the existing definition of Huione Group to include, within the definition of that group, H-Pay Service PLC, and adding and defining the term "successor entity." With this NPRM, FinCEN does not alter its assessment that Huione Group is a financial institution operating outside the United States of primary money laundering concern, and the existing special measure codified at 31 CFR 1010.664 with respect to Huione Group remains in effect. View the original at https://www.federalregister.gov/documents/2026/06/25/2026-12794/definition-of-huione-group-a-financial-institution-operating-outside-the-united-states-of-primary.
Is document 2026-12794 an economically significant rule?
No. Document 2026-12794 is not classified as economically significant under Executive Order 12866. Economically significant rules require OIRA review and are estimated to have impacts of $100 million or more per year.