The Treasury Department is delaying and plans to revisit new rules that apply anti-money laundering requirements to investment advisers, saying the rules need to be “effectively tailored.”
The rules, which were to take effect at the start of 2026, will be delayed till the start of 2028, Treasury’s Financial Crimes Enforcement Network (FinCEN) said in a news release Monday. In the interim, FinCEN said it will “revisit the substance” of the rules through a future rulemaking process.
The rules would bring certain investment advisers under the heading of “financial institutions” that are required to comply with anti-money laundering laws ...
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