Financial Crimes Solutions
Safeguard your organization, customers and reputation by leveraging our anti-money laundering (AML), know-your-customer (KYC) and sanctions solutions. With years of investigative experience, our specialists can help you build a resilient control environment that proactively prevents, detects and responds to financial crimes, reducing regulatory risk and enhancing trust at every level.
Financial Crimes Solutions
Financial crimes compliance is more than checking a regulatory box.
It’s a commitment to your community. An estimated $800 billion to $2 trillion is laundered every year by nefarious groups and individuals. Stay ahead of the curve with Baker Tilly’s seasoned Financial Crimes Unit who can design, implement and optimize a risk-based approach to preventing and detecting financial crimes and ensuring compliance, enabling you to focus on the risks unique to your institution and playing your part in fighting financial crime.
The FinCEN final rule deadline is extended, not cancelled. Don’t delay the new AML rules for RIAs to the last minute
The U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) recently issued a final rule to extend the effective date of its anti-money laundering (AML) final rule for investment advisers. Now extended to Jan. 1, 2028, this offers firms a valuable window to reassess compliance plans and operational readiness.
Building a program and establishing the tech stack and human capital needs to implement and execute AML compliance takes time. While the extension provides temporary relief, regulatory momentum remains strong. Reach out to our financial crimes specialists to discuss how the FinCEN final rule may affect your organization.
