Anticipating SEC, AMLA, FinCEN, FATCA, DORA… to Stay Compliant and Competitive

In 2025, the asset management and alternative investment sector faces a major regulatory shift. Supervisory bodies are converging on anti-money laundering standards, tax transparency, digital resilience, and investor protection. These are no longer simple formalities — they are becoming a strategic foundation for credibility with all stakeholders.

1. AMLA: Institutionalizing a Unified European Framework

The launch of the AMLA (Anti-Money Laundering Authority) marks a pivotal moment for European governance. AMLA streamlines KYC/AML processes across the EU and directly supervises high-risk entities. For asset managers, this means strengthening internal procedures, updating due diligence policies, and maintaining regular dialogue with compliance officers. Read our full analysis here: AMLA 2025.

2. SEC: Greater Transparency for Alternative Funds

In the United States, the SEC (Securities and Exchange Commission) is demanding more transparency on fees, reporting, and cybersecurity. For European managers raising capital in the U.S., this means adapting systems, training, and governance strategies to align with American standards.

3. FinCEN: Expanded AML Obligations for Investment Advisers

The FinCEN (Financial Crimes Enforcement Network) has postponed implementation of its AML rule for investment advisers (RIAs and ERAs) to January 1, 2028. This regulation will, for the first time, bring them under the Bank Secrecy Act, requiring tailored AML programs, a designated compliance officer, and the filing of Suspicious Activity Reports (SARs).

While the timeline has shifted, investor, bank, and counterparty expectations remain immediate. Financial flows linked to Iran, Russia, or opaque offshore structures are already under heightened scrutiny. Firms that act now will turn this requirement into a competitive advantage.

Read more here: FinCEN AML Rule for Investment Advisers.

4. FATCA & CRS: Tax Transparency as a Core Obligation

Global tax transparency pressures continue to grow. Under FATCA and CRS, the volume and quality of data to be provided to authorities is increasing, as are the penalties for non-compliance. This calls for stronger coordination between compliance, IT, and investor relations teams to ensure data accuracy.

5. DORA: Digital Resilience as a Regulatory Requirement

The EU’s DORA (Digital Operational Resilience Act) puts digital resilience at the heart of compliance. It requires not only continuity plans, but also regular testing, detailed documentation, and rapid incident response processes. Meeting these requirements demands close cooperation between compliance officers, IT teams, and institutional governance. Learn more in our full guide: DORA Compliance Guide.

6. Why 2025 Brings Compliance Into the Core of Strategy

2025 is more than just another compliance year — it’s a turning point. Compliance is becoming a strategic pillar. Asset managers and alternative funds that invest in preparation, training, and process modernization will be better positioned to navigate this demanding environment.

Contact UsB4Finance helps asset managers comply with AMLA, SEC, FinCEN, FATCA, DORA, and more. Contact us today for tailored support on your 2025 and beyond regulatory challenges.