Anti-Money Laundering

For years, the SEC has periodically reissued an expiring no-action letter for broker-dealers who rely upon investment advisers' customer identification programs (CIP) with nary a ...

If you're a compliance officer for a mutual fund, you have an additional four months to meet FinCEN's deadline for developing an AML program and ...

There's no formal requirement that investment advisers maintain an anti-money laundering program but if you have one, you can bet examiners are going to comb ...

Click here to open a Word file that is a template for a small firm's AML program featuring compliance and supervisory procedures.

Keep a log of the marketing materials your firm sends out, including presentations. List who's giving the presentation, the audience, the date, whether the audience ...

Click here to open a Word file that is an example of a compliance training tool used by one of your peers. This one covers ...

The Treasury Department has squeezed mutual funds into the definition of a financial institution under the Bank Secrecy Act, meaning funds will have to have ...

Even though RIAs don't technically have to have an anti-money laundering program, they can expect their business partners to ask more questions following an SEC ...

Regulators are more vigorously scouring anti-money laundering efforts by firms, especially broker-dealers. While the SEC will likely ask your firm about its AML program on ...

Data support a five-year "dramatic increase" in enforcement of Foreign Corrupt Practices Act cases, with both the SEC and the Justice Department prosecuting them.While the ...