FinCEN issues rules impacting real estate and investment advisory compliance
Abrigo
SEPTEMBER 6, 2024
The subjective nature of real estate pricing makes for easily manipulated transactions. It excludes personal transactions, which are more transparent and pose less money laundering risk. It also does not cover commercial real estate (CRE) transactions, although FinCEN is expected to address CRE at a later date. real estate.
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