United States of America: Obligation to develop a strategy addressing debanking practices under the Executive Order on Fair Banking enters into force

On 3 February 2026, provisions of the Executive Order on Fair Banking enter into force, including the obligation for the Treasury to develop a strategy addressing politicised or unlawful debanking practices. The order also requires federal banking regulators to review supervisory and complaint data to identify potential instances of religiously motivated debanking. Where non-compliance is identified, institutions may be referred to the Attorney General for potential civil enforcement.