LIEB BLOG

Legal Analysts

Showing posts with label anti-money laundering. Show all posts
Showing posts with label anti-money laundering. Show all posts

Friday, February 16, 2024

16 Feb

New Rule for Real Estate Closings Coming Nationwide

On February 16, 2024, the Financial Crimes Enforcement Network (FinCEN) proposed a new rule to mandate certain individuals involved in real estate closings and settlements to report and maintain records on non-financed transfers of residential real property to specific legal entities and trusts nationwide. This proposed...