US · US FinCEN
FinCEN Investment Adviser AML/CFT Rule
Transitional
- Issuing authority
- FinCEN
- Effective date
- Final Rule August 2024; compliance date delayed to 1 January 2028
- Scope
- FinCEN
Key requirements
Would bring SEC-registered investment advisers and exempt reporting advisers under the BSA requiring AML programmes, SAR filing and CDD on customers. Originally due to take effect 1 January 2026, the compliance date was delayed by FinCEN to 1 January 2028 to give the industry more time to prepare and to allow potential rule revisions.