Finance & markets · 05/10/2026

FinCEN Proposes Rule to Prohibit Funds Transmittals Involving A7 Network Sub-Agents

The Financial Crimes Enforcement Network (FinCEN) is issuing a finding and proposed rule to prohibit financial institutions from transmitting funds related to transactions involving the A7 Network, a Russian sanctions evasion and money laundering service, which has ties to Iran and other illicit actors.