Treasury proposed a new rule that would require investment advisers to establish an AML/CFT program and file certain reports, such as Suspicious Activity Reports (SARs), with FinCEN (Proposed Rule).
The Proposed Rule...more
3/13/2024
/ AML/CFT ,
Bank Secrecy Act ,
Beneficial Owner ,
Customer Due Diligence (CDD) ,
Exempt Reporting Advisers (ERAs) ,
FinCEN ,
Investment Adviser ,
Investors ,
Mutual Funds ,
National Security ,
New Rules ,
Notice of Proposed Rulemaking (NOPR) ,
Patriot Act ,
Private Funds ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Suspicious Activity Reports (SARs) ,
Training ,
U.S. Treasury