New financial corruption regulations mean firms must update compliance programs

‘New era’ for compliance takes shape.

With regulators and prosecutors taking aim at financial crimes and corruption, private fund advisers will have to get ready for new compliance requirements. As Bill Myers reports, some kind of AML or due diligence rules are coming to the private funds industry, and firms should get ahead of their due diligence issues before they become bigger problems.

Email prepared by Jen Banzaca