Federal government issues critical alert to specific buyers of US residential real estate — new rule effective March 1. What you must do to comply

Nearly 20% to 30% of all real estate transactions across the country were completed in this way.
JD Supra

FinCEN BOI Registration: A new federal requirement for millions of companies

Thanks to the Corporate Transparency Act, starting Jan. 1, 2024, all companies created in the United States must complete a new form with the Treasury Department’s Financial Crimes Enforcement Network ...
JD Supra

FinCEN Issues Final BSA Reporting Requirements for Residential Real Estate Deals

On August 29, the Financial Crimes Enforcement Center (“FinCEN”) published Anti-Money Laundering Regulations for Residential Real Estate Transfers (“Final Rule”) regarding residential real estate. The ...
Think Advisor

8978.01 / What FinCEN reporting requirements apply to LLCs and other small business entities starting in 2024?

Editor’s Note: On March 21, 2025, FinCEN issued an interim final rule that removed the requirement for U.S. companies, persons and entities to report beneficial ownership information (BOI) to FinCEN ...
The National Law Review

FinCEN Publishes Updated FAQs to Assist in Reporting Compliance

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
Forbes

As The Corporate Transparency Act Deadline Creeps Closer, FinCEN Updates Guidance

The Corporate Transparency Act—or CTA—requires reporting companies to file reports with the Financial Crimes Enforcement Network (FinCEN). To help companies comply, FinCEN has been rolling out ...