U.S. 2026 Money Laundering Risk Assessment Reflects Political Priorities

In March, the United States (U.S.) Department of the Treasury published the 2026 Money Laundering Risk Assessment (NMLRA). While much of the assessment follows the topics covered by the 2024 Assessment, the 2026 version is shorter and emphasizes different themes. This fifth iteration of the NMLRA finds that the top money laundering threats have remained consistent—fraud, drug trafficking, cybercrime, human trafficking, human smuggling, and corruption generate the largest volumes of illicit proceeds for money laundering activity in the U.S.