The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has proposed sweeping new regulations aimed at bolstering the fight against money laundering within the private funds sector. Under the proposed rule, investment advisers registered with the SEC, overseeing assets exceeding $110 million, must implement stringent anti-money laundering (AML) and counterterrorism financing measures. Key Points: AsContinue reading “U.S. Investment Advisers Face Tightened Anti-Money Laundering Rules: New Regulation Targets Illicit Finance in Private Funds Sector”
