In a move to ensure effective regulation that balances costs and benefits, the US Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) has announced plans to delay the implementation of a rule for investment advisers. The final rule establishes Anti-Money Laundering/Countering the Financing of Terrorism Program and Suspicious Activity Report Filing Requirements for Registered Investment Advisers and Exempt Reporting Advisers, known as the IA AML Rule.
FinCEN intends to postpone the effective date of this rule from January 1, 2026, to January 1, 2028. Additionally, FinCEN plans to revisit the scope of this rule at a future date.
The announcement was made in Washington on July 21, 2025.
