How To Tackle New FinCEN RIA Requirements
The Financial Crimes Enforcement Network (FinCEN) has introduced new Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) regulations for Registered Investment Advisers (RIAs). These new rules will take effect on January 1, 2026, bringing significant changes to the compliance landscape for investment advisers. What RIAs Need to Know About FinCEN’s New AML Rule […]
Avoiding SEC Fines With the Right Technology
The SEC dished out fines to 26 advisory firms for failure to maintain current and accurate records of electronic communications, accumulating $392.75 million and leading firms to enhance their compliance procedures. If we have said it once, we have said it a thousand times: the SEC is continuing to crack down on text message archiving […]
Utilizing Compliance Technology: a Cost-Benefit Analysis
Traditionally, compliance processes have been managed manually, however, with the rapid advancement of technology, many organizations are now considering the adoption of technology-driven solutions.
Why Compliance is Crucial to Your Financial Services Business
Following regulatory guidelines and industry standards ensures operational integrity, reputation, and longevity in the financial services business. Specifically, maintaining compliance can reduce risks, boost efficiency, maintain knowledge, build trust, and protect consumer interests.