Fintech in Brief: Treasury Postpones Effective Date of Investment Adviser AML Rule, Plans Revisions
We are pleased to share this issue of Fintech in Brief, which discusses that the U.S. Department of the Treasury’s Financial Crimes Enforcement Network has announced that it intends to postpone the effective date of the final rule establishing anti-money laundering (AML) and suspicious activity report filing obligations for registered investment advisers and exempt reporting advisers (the IA AML Rule or the Rule) and to revisit its scope at a future date. The Rule’s effective date, originally scheduled to be January 1, 2026, is now expected be extended to January 1, 2028.
Read the issue here.