The Ascent Group welcomes Skyler Steinke as Managing Director, USA, strengthening our US presence and enhancing support for traditional and digital asset fund managers.
FinCEN is addressing a significant regulatory gap by expanding the definition of “financial institution” under the Bank Secrecy Act to include Registered Investment Advisers (RIAs) and Exempt Reporting Advisers (ERAs). This change aims to close loopholes in AML/CFT oversight and strengthen the integrity of the U.S. financial system.