Under the Final Rule, a Subject Adviser must apply an AML/CFT program to all advisory services provided to all customers (including private funds and other managed accounts), subject to certain ...

Defendants say FinCEN’s AML reporting rule is authorized and necessary, countering Fidelity National’s legal challenge.

The Trump Administration has prioritized deregulation, aiming to reduce compliance costs under the Bank Secrecy Act (BSA).

Two of the largest organizations representing investment advisers and asset managers are voicing support for a federal proposal to postpone new anti-money laundering requirements for RIAs, while ...

On September 9, FinCEN Director Andrea Gacki testified before the House Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions, regarding ...

The Department of Home Affairs has quietly approved a multi-year grace period for tougher reporting obligations, amid ...

Lawyers need to understand what this shift means in practice and why the profession must respond strategically rather than ...

Study by EU regulatory expert Prof. Andrea Minto and ThetaRay VP Regulatory Affairs Yaron Hazan finds legacy AML tools unfit for Europe’s new regulatory era ThetaRay, a global leader in Cognitive AI ...

Under the revised EU AML/CFT package, institutions are expected to adopt more sophisticated, proactive approaches to ...