Compliance and Regulatory Alerts | 07-21-25
Treasury Postpones AML Rule for Investment Advisers to 2028
On July 21, 2025, the Financial Crimes Enforcement Network (FinCEN) announced a two-year postponement of the effective date for the Anti-Money Laundering Rule applicable to registered investment advisers and exempt reporting advisers. The new compliance deadline is January 1, 2028.
FinCEN stated that it intends to revisit the scope and substance of the IA AML Rule through a future rulemaking process. It also confirmed plans—jointly with the SEC—to revisit the proposed Customer Identification Program rule for investment advisers.
This delay is expected to provide regulatory clarity and reduce compliance burden while the rule is reassessed to better reflect the industry's varied risk profiles and business models.
We are continuing to monitor developments and will keep you informed as new guidance emerges.
Read the Official News Release Here
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