Our Chief Compliance Officer, Jennifer Szaro, CRCP®, recently spoke with Family Wealth Report about the upcoming Anti-Money Laundering (AML) rule from the U.S. Treasury Department—one of the most significant regulatory changes in recent years. Taking effect on January 1, 2026, this rule will require RIAs and wealth management firms to implement enhanced monitoring, reporting, and training procedures to identify and prevent suspicious activity.

“This is a major operational and compliance lift for firms,” Jennifer noted in her interview. She emphasized the importance of translating policy into practice—such as training teams on how to file a Suspicious Activity Report (SAR). Her practical guidance reflects XML’s proactive approach to ensuring every part of the firm is ready to protect clients and meet the new federal requirements.

One of the more technical aspects of the rule involves learning to properly file Suspicious Activity Reports (SARs)—a key part of the government’s strategy to detect financial misconduct. Jennifer laid out the practical steps firms should take to translate complex regulations into real-world, day-to-day safeguards. These include building internal processes around the government’s SAR filing system and reinforcing training across our advisory teams.

While the regulatory landscape is evolving, our commitment remains constant: to stay ahead of change, protect our clients, and uphold the highest ethical standards in everything we do.

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