The Financial Crimes Enforcement Network - Anti Money Laundering Rule, known as FinCEN AML is effective March 1, 2026. As mandated by federal law, FinCEN requires settlement and title companies to collect and report specific information about the parties involved in non-financed residential property transfers to legal entities or trusts. BOTH Residential and Commercial transactions will be subject to FinCEN reporting.
By attending this class, you will learn which transactions will be subject to FinCEN AML, what kind of data will be collected from Buyers and Sellers, and how these reporting requirements will affect your transaction closings.
Provided by Stewart Title
