This rule classifies certain cryptocurrencies as monetary instruments, subjecting them to KYC requirements. The proposed rule is slated for final action in Feb. 2024. The Know Your Client (KYC ...

By meeting the qualified client requirements, trusts can better position themselves to take advantage of opportunities in private markets, including investments in private equity vehicles and ...

You are their adviser and it is incumbent on you to advise them of the requirements and financial risks for non-compliance. Review current agreements for compliance with the new laws and understand ...