Definition of Huione Group, a Financial Institution Operating Outside the United States of Primary Money Laundering Concern

Treasury Department · Proposed Rule

Summary

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.

Affected frameworks & controls

No framework controls are mapped to this item yet.

Key dates

Status
Proposed
Category
HealthcareHIPAA
Published
Jun 25, 2026
Effective
Comments close
Jul 27, 2026

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