Proposed Regulations: FinCEN increases AML Scrutiny of the US Real Estate Sector

Co-Hosted with Pillsbury Winthrop Shaw Pittman LLP

Real estate continues to be a profitable channel for money laundering, with cash transactions remaining elusive for financial crime investigators to identify. To help combat this the Biden administration announced aggressive policy changes on foreign corruption that include new sanctions on Russian Oligarchs. On December 6, 2021, FinCEN issued an Advanced Notice of Proposed Rule Making which may significantly expand the Bank Secrecy Act, adding new requirements and covering more parties involved in real estate transactions. 

Join Guidehouse and Pillsbury Winthrop Shaw Pittman LLP for this timely webcast as we dive into the proposed regulations and the potential impact on financial institutions including real estate entities and professionals.  

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Virtual - 12:30 – 1:30 p.m. EDT

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