Treasury opens 2026 Banking Regulations consultation
The Treasury’s call for public input on 2026 banking rules signals a possible overhaul of core regulatory frameworks for banks and fintechs.
In late October, U.S. Treasury officials released a consultation notice for the Draft Banking Regulations 2026, along with proposed amendments to the Banking Act of 1959 and the Financial Accountability Regime Act of 2023. The draft seeks to modernize banking supervision, tighten capital and liquidity requirements, and expand disclosure obligations for fintech and non-bank financial institutions. The amendments to the Banking Act aim to streamline regulatory reporting and clarify supervisory authority, while changes to the FAR Act focus on accountability measures for large financial entities. The consultation invites stakeholders to submit comments by December 5, 2026. Firms should review the draft to identify areas where current compliance programs may need adjustment, assess potential impacts on bank product offerings, and advise clients on timing for regulatory feedback. The outcome will shape the regulatory landscape for the foreseeable years and could affect cross-border banking operations, capital markets, and fintech partnerships.