AML and KYC Obligations (Finally) Imposed on Private Fund Managers
Reported by Akin Gump Strauss Hauer & Feld LLP AML and KYC Obligations (Finally) Imposed on Private Fund Managers On August 28, 2024, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) issued a final rule that will, upon effectiveness (January 1, 2026), require most private fund managers to: FinCEN’s Fact Sheet describing the key […]