1506-AB54 202404 Unified Agenda of Federal Regulatory and Deregulatory Actions 1506 Financial Crimes Enforcement Network FINCEN 1500 Department of the Treasury TREAS Residential Real Estate Transaction Reports and Records

FinCEN intends to issue a final rule, proposed February 16, 2024, to address money laundering vulnerabilities in the residential real estate sector. The proposed rule would require certain persons involved in real estate closings and settlements to report non-financed transfers of residential real property made to specified legal entities or trusts.

]]> Other Significant Previously Published in The Unified Agenda Final Rule Stage Yes Private Sector 31 CFR Ch. X 12 U.S.C. 1829b 12 U.S.C. 1951 to 1960 31 U.S.C. 5311 to 5314 31 U.S.C. 5316 to 5336 No ANPRM 12/08/2021 86 FR 69589 ANPRM Comment Period End 02/07/2022 NPRM 02/16/2024 89 FR 12424 NPRM Comment Period End 04/16/2024 Final Action 08/00/2024 YES Businesses None No No Yes Yes FinCEN Regulatory Support Section 1506 Financial Crimes Enforcement Network FINCEN 800 767-2825 frc@fincen.gov P.O. Box 39, Vienna VA 22183