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Private Fund Managers: Hello AML Compliance Officers

Member David Adams spoke to FinOps Report on the proposed AML rule from the Financial Crimes Enforcement Network (FinCEN) unit of the US Treasury, which marks the fourth attempt from FinCEN to level the playing field between fund management firms and banks and broker-dealers.

David said, “The momentum to implement AML regulations for private fund managers has gained strength due to recent events, as highlighted by the Treasury’s concurrently published risk advisory.”


FinOps Report