Skip to content

(866) 568-7151 | info@sirsco.com

SIRS AML Compliance Services

AML Compliance Services

Home
Pricing & Enrollment
Training
Regulatory References
SEA Rule 17a-4
About Us

AML Regulations and the Residential Mortgage Industry

Kevin December 19, 2024 No comments

Test Post

Post navigation

AML/CFT Regulations and Investment Advisers

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comment *

Name *

Email *

Website

Regulatory Notices

FinCEN Issues Final Rule for Investment Advisers
(8/28/2024) Today, FinCEN issued a final rule to keep foreign adversaries from exploiting the U.S. financial system through investment advisers. The rule requires SEC-registered investment advisers to apply BSA requirements, including implementing AML/CFT compliance programs and SAR filing obligations.

FinCEN Proposes Rule to Strengthen and Modernize AML/CFT Programs
(6/28/2024) Today, FinCEN announced a proposed rule that would explicitly require AML/CFT programs to be effective, risk-based, and reasonably designed, enabling financial institutions to focus their resources and attention in a manner consistent with their risk profiles.

FinCEN Finalizes Financial Measure Against Iraq-based Al-Huda Bank
(6/26/2024) Today, FinCEN issued a final rule under section 311 of the USA PATRIOT Act that severs Al-Huda Bank from the U.S. financial system by prohibiting domestic financial institutions and agencies from opening or maintaining a correspondent account for or on behalf of Al-Huda Bank, an Iraqi bank that serves as a conduit for terrorist financing.

SEC, FinCEN Propose CIP Requirements for Registered Investment Advisers
(5/13/2024) Today, the SEC and FinCEN jointly proposed a rule that would require RIAs to establish, document, and maintain written customer identification programs. The proposal is designed to prevent illicit finance activity involving the customers of investment advisers by strengthening the AML/CFT framework for the investment adviser sector.

“The strongest bond of human sympathy outside the family relation should be one uniting all working people of all nations and tongues and kindreds. Nor should this lead us to a war on property, or the owners of property. Property is the fruit of labor; property is desirable; is a positive good in the world. That some should be rich shows that others may become rich, and hence is just encouragement to industry and enterprise.”

~Abraham Lincoln

"And we talk of Christ, we rejoice in Christ, we preach of Christ, we prophesy of Christ, and we write according to our prophecies, that our children may know to what source they may look for a remission of their sins."

©2024 Securities Securities Industry Records Services, LLC. All rights reserved.

Secondary Menu

Home
Pricing & Enrollment
Training
Regulatory References
SEA Rule 17a-4
About Us