FinCEN Extends Comment Period on Huione Group Definition Rule
FinCEN extended the comment period to August 2, 2026 for the NPRM amending the Huione Group definition to include H-Pay Service PLC.
FinCEN extended the comment window following a filing system outage. The NPRM would broaden the Section 311 special measures scope by adding H-Pay Service PLC and successors, tightening restrictions on institutions with any indirect exposure to the Huione network.
Expands Section 311 perimeter, affecting correspondent, VASP, and payments counterparties linked to Huione.
Action Required
Review the proposed expansion and submit comments assessing exposure to Huione Group and H-Pay Service PLC.
Section 311 designations materially reshape counterparty and correspondent risk management.
Screen client and counterparty base for H-Pay Service PLC and Huione-linked entities; prepare implementation plan for expanded Section 311 restrictions and consider commenting on operational impact.
“FinCEN is extending the comment period for the NPRM published in June to amend the definition of Huione Group to include H-Pay Service PLC and any successor entity. Written comments now due by August 2, 2026.”