Investment advisers and others involved in the implementation of the new IA AML mandate have been alert to potential ramifications to the rule due to the upcoming change in administration. Upon review, K2 Integrity and...more
12/31/2024
/ Anti-Money Laundering ,
BSA/AML ,
Business Operations ,
Corporate Governance ,
Final Rules ,
Internal Controls ,
Investment Adviser ,
Policies and Procedures ,
Risk Management ,
Trump Administration ,
Vendor Contacts ,
Webinars
On 28 August 2024, the Financial Crimes Enforcement Network (FinCEN) issued its Final Rulemaking to include certain investment advisers in the definition of a “financial institution” under the Bank Secrecy Act (BSA). The...more
10/24/2024
/ AML/CFT ,
Anti-Money Laundering ,
Bank Secrecy Act ,
Currency Transaction Reports (CTR) ,
Customer Due Diligence (CDD) ,
Customer Identification Program (CIP) ,
Employee Training ,
Enforcement ,
Exempt Reporting Advisers (ERAs) ,
FBAR ,
Final Rules ,
Financial Institutions ,
FinCEN ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Policies and Procedures ,
Popular ,
Recordkeeping Requirements ,
Securities and Exchange Commission (SEC) ,
Suspicious Activity Reports (SARs)
On 12 June 2024, K2 Integrity and Schulte Roth & Zabel hosted a webinar discussing new regulatory obligations anticipated under proposed rules for investment advisers (IAs), timelines for finalization and compliance, and how...more
6/18/2024
/ AML/CFT ,
Broker-Dealer ,
Customer Due Diligence (CDD) ,
Customer Identification Program (CIP) ,
Filing Requirements ,
FinCEN ,
Investment Adviser ,
Notice of Proposed Rulemaking (NOPR) ,
Patriot Act ,
Policies and Procedures ,
Popular ,
Proposed Rules ,
Regulatory Agenda ,
Securities and Exchange Commission (SEC) ,
Suspicious Activity Reports (SARs)