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US FinCEN seeks delay of investment adviser anti-money laundering rule to 2028

( September 19, 2025, 14:04 GMT | Official Statement) -- MLex Summary: The US Treasury Department's Financial Crimes Enforcement Network has proposed to delay the effective date of a rule requiring investment advisers to implement anti-money laundering compliance programs until 2028. "By delaying the effective date, FinCEN will be afforded an opportunity to review the IA AML Rule and, as applicable, ensure the IA AML Rule is effectively tailored to the diverse business models and risk profiles of types of firms within the investment adviser sector," the proposal said.Statement follows below. See attached file....

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