By PAUL O’DONOGHUE, Senior Correspondent
FINCEN, the AML (anti-money laundering) unit of the U.S. Treasury, has issued a proposed rule which would delay new AML measures for investment advisors to January 2028.
The agency today issued a ‘notice of proposed rulemaking’. This would extend the effective date of the final rule establishing AML requirements for investment advisors from January 1, 2026, until January 1, 2028.
Subscribe now to have unlimited access
With our membership subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!
