The US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced plans to postpone the effective date of its final rule concerning anti-money laundering and countering the financing of terrorism (AML/CFT) program requirements for registered investment advisers and exempt reporting advisers. The rule, known as the IA AML Rule, was originally set to take effect on January 1, 2026. FinCEN now anticipates delaying implementation until January 1, 2028.
According to FinCEN, this postponement aims "to ensure efficient regulation that appropriately balances costs and benefits." The agency also stated it intends to revisit the scope of the IA AML Rule at a future date.
Further information is available in the official Treasury News Release.
An update issued on August 5, 2025, confirms an Exemptive Relief Order has been provided to delay the effective date of the Investment Adviser Rule.
