Banque Misr UAE Section 311 Special Measure

Current understanding

To be populated as evidence accumulates.

2026-10-05 — Proposal of Special Measure Prohibiting the Transmittal of Funds Regarding Transactions Involving the A7 Network’s Sub-Agents: cross-connection with a7-network-fincen-special-measure: Parallel Section 311 special-measure proposals; together they show FinCEN using the authority against both foreign financial institutions and non-bank laundering networks. (novelty: 3)
2026-09-01 — Proposal of Special Measure Regarding Banque Misr UAE as a Financial Institution Operating Outside of the United States of Primary Money Laundering Concern: FinCEN issued a proposed rule under Section 311 designating Banque Misr’s UAE branches as a primary money-laundering concern and proposing to prohibit U.S. financial institutions from opening or maintaining correspondent accounts for, or processing transactions involving, those branches. (novelty: 3)