What changed in the rules, and who it may reach. · Page 2
An interim final rule from the OCC, Federal Reserve and FDIC, effective 14 September 2026, doubles the asset threshold for the 18-month on-site exam cycle from under $3 billion to under $6 billion. The agencies estimate about 188 more banks qualify.
OFAC's Iran General License CC, published on 11 September 2026, allows wind-down of transactions with three blocked Golden Global companies, including an investment bank, until 12.01 a.m. eastern daylight time on 19 September. Payments to them must go into blocked accounts.
OFAC has indefinitely stayed three provisions of the Iranian Transactions and Sanctions Regulations and Iran General License J-1, effective 8 September 2026. A separate general license, DD, allows wind-down of some of those transactions until 12.01 a.m. eastern daylight time on 23 September.
Final IRS regulations on the new deduction for passenger vehicle loan interest take effect on 9 November 2026. Lenders that receive $600 or more of qualifying interest from an individual in a year must report it on Form 1098-VLI, and must work out which loans qualify.
A FinCEN geographic targeting order, effective 3 September 2026 and running through 1 March 2027, requires money services businesses in listed ZIP codes in Texas and New Mexico to file currency transaction reports on cash transactions from $1,000 to $10,000.
OFAC has stayed five Iran general licenses, including the one for noncommercial personal remittances, effective 24 August 2026, with a wind-down license that runs to 8 September. It also named five more sectors of Iran's economy under Executive Order 13902.
Seven federal agencies rescinded their February 2022 interagency statement on special purpose credit programs under ECOA and Regulation B, effective 25 August 2026, and told creditors not to rely on it.
Seven more of NCUA's 6 August 2026 final rules cut prescriptive text on buying and selling eligible obligations, suretyship collateral and service contracts, and rescind four interpretive rulings on chartering. All take effect on 8 September 2026.
Two NCUA final rules published on 6 August 2026 drop the fixed 30-day notice before excess share insurance ends and remove the separate regulation on nonmember account disclosures. Both take effect on 8 September 2026.
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