With the private markets under increasing regulatory scrutiny, How to Navigate FinCEN’s AML/CFT Requirements with Confidence dives into the recent final and proposed FinCEN rulings. Our expert panel explored what these changes mean for GPs of all sizes and how to strategically implement a risk-based AML/CFT program.
Speakers:
William Stern, Partner at Goodwin Procter LLP
Mark Lewko, Founder at Regulant Advisors
Joshua Demers, Head of Investor Services at Juniper Square
Key topics discussed:
The regulatory landscape: FinCEN’s latest rules are part of a broader reshaping of compliance standards across the private markets. Adapting to this new normal isn’t just about checking regulatory boxes; it’s about creating a proactive compliance culture. Those who leverage robust, tech-enabled compliance processes now will find themselves well-prepared as the regulatory framework continues to evolve.
Best practices for compliance: Contact your legal counsel to confirm you are subject to these new regulations. Covered investment advisers must implement their AML/CFT programs by January 1, 2026. FinCEN expects these programs to be adaptive, regularly reviewed, and updated as needed.
What steps can you take to mitigate the risks of non-compliance? Unlike one-size-fits-all policies, a risk-based program tailors your AML/CFT policies and procedures to the specific risks of your firm’s clients, investment types, and geographic exposure.
Operational insights: Implementing new or increasingly stringent compliance programs can cause friction for both GPs and LPs who are new to them. Find providers who have moved beyond spreadsheets to automated compliance tools that integrate KYC, ongoing transaction monitoring, and record-keeping into the investment management process. These systems can make the LP onboarding experience more efficient, enhance data accuracy, and ensure quick access to records when needed. You can also partner with providers whose deep compliance expertise and best-in-class technology will help you readily meet these and future requirements.
Watch this webinar to equip your firm with the knowledge and tools to build a robust, future-ready compliance program.
As the regulators propose and implement more stringent compliance requirements, Juniper Square can help fund managers stay ahead of the evolving regulatory landscape for years to come. Learn more about our AML and KYC solutions →