ICBA sent comments to the FDIC regarding its notice of proposed rulemaking to implement Bank Secrecy Act, anti-money laundering/countering the financing of terrorism, economic sanctions compliance, and related reporting standards for permitted payment stablecoin issuers under the Guiding and Establishing National Innovation for U.S. Stablecoins Act. ICBA said it strongly supports a federal illicit-finance framework for PPSIs that is as robust as the framework applicable to community banks.