Federal brief
Board announces anti-money-laundering enforcement action against American Express Company
On October 8, 2026, the Federal Reserve Board announced an enforcement action against American Express Company over suspicious-activity detection and reporting.
The Federal Reserve Board on Thursday, October 8, 2026, announced an enforcement action against American Express Company to address, among other things, the firm's failure to sufficiently detect and report certain suspicious activity related to money laundering.
The Board said it also identified significant deficiencies in how the company's enterprise-wide anti-money-laundering program was implemented, in particular at its subsidiary national bank. The Office of the Comptroller of the Currency, the bank's primary federal regulator, issued a separate enforcement action against the bank. The order is attached to the Board's release.
Source: https://www.federalreserve.gov/newsevents/pressreleases/enforcement20261008a.htm
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This is a Notice Nearby publisher-desk Federal brief — a short in-house summary of a public federal filing or agency press release. It is not official agency minutes, not a newspaper story, and not Legal Publication. It does not satisfy a statutory notice requirement.
Source: the official public federal record official record · Federal Reserve · Enforcement · Oct 8, 2026.
This is a Notice Nearby publisher-desk Federal brief — a short in-house summary of a public federal filing. It is not official agency minutes, not a newspaper story, and not Legal Publication. It does not satisfy a statutory notice requirement.