1506-AB54 202410 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 1506 Financial Crimes Enforcement Network FINCEN 1500 Department of the Treasury TREAS Anti-Money Laundering Regulations for Residential Real Estate Transfers

FinCEN published a final rule on August 29, 2024 to address money laundering vulnerabilities in the residential real estate sector. The rule, effective December 1, 2025, will 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. As part of the rulemaking process, FinCEN hosted three roundtables with private sector stakeholders and other members of the public. The roundtables were held virtually and included approximately 19 representatives of relevant trade associations, transparency organizations, and other types of organizations.

]]> Other Significant Previously Published in The Unified Agenda Completed Actions No 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 08/29/2024 89 FR 70258 YES Businesses None No No Yes No FinCEN Regulatory Support Section 1506 Financial Crimes Enforcement Network FINCEN 800 767-2825 frc@fincen.gov P.O. Box 39, Vienna VA 22183