Anti-Money Laundering Rule Delay Plan Clears White House Review

A proposed delay in applying anti-money laundering rules to investment advisers from the Treasury Department’s Financial Crimes Enforcement Network has cleared White House regulatory review.

The final rule (RIN 1506-ZA06) reached the White House Office of Information and Regulatory Review earlier this month. The completed review means the final rule is one step closer to being released.

FinCEN proposed the delay in September. Under the proposal, the rules—which were finalized in 2024—would take effect Jan. 1, 2028, instead of the current effective date of Jan. 1, 2026.

FinCEN has said the delay will provide an opportunity to review the new ...