Juniper Square recently shared news about a major development in compliance for investment advisers. The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) recently issued a final rule requiring many investment advisers to establish an Anti–Money Laundering/Countering the Financing of Terrorism (AML/CFT) program. The rule will take effect Jan. 1, 2026.
FinCEN and the Securities Exchange Commission (SEC) have also published a proposed rule to similarly extend a requirement for Customer Identification Programs (CIP), which would require investment advisers to take more rigorous, risk-based steps to
