Financial Crime Financial Crime

Money-laundering loopholes for investment advisers to private equity, hedge funds to be addressed in US Treasury review

By Neil Roland
  • 07 Dec 2021 12:26
  • 07 Dec 2021 12:26
The Biden administration signaled its intent to crack down on money-laundering loopholes for investment advisers to hedge funds, private equity firms and trusts for high-end customers.

The US Treasury Department plans to examine an Obama-era proposal that would have required these advisers to set up anti-money-laundering programs and file suspicious activity reports related

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Discover MLex

Stay on top of global regulatory developments

TAKE A FREE TRIAL

Latest News