In the News | The Wealth Advisor
New money laundering rules delayed by the treasury department
Jul 22, 2025 · Authored by Ashley Farrell
Financial Crimes Enforcement Network (FinCEN) recently announced its intent to pause the effective date of its anti-money laundering (AML) rule for investment advisers — offering firms a valuable window to reassess compliance plans and operational readiness. While the extension provides temporary relief, regulatory momentum remains strong.
As Baker Tilly’s Ashley Farrell shared in comments originally published by Barron's, this pause is unlikely to lead to a full rollback. The underlying concerns, particularly around illicit finance risks involving foreign actors, have kept investment advisors under sustained regulatory focus for over two decades.
Read the republished story in The Wealth Advisor
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