Advisory to Financial Institutions and Real Estate Firms and Professionals
August 22, 2017
August 22, 2017
WASHINGTON, Aug. 22 -- The U.S. Department of the Treasury's Financial Crimes Enforcement Network issued the following advisory:
The Financial Crimes Enforcement Network (FinCEN) is issuing this advisory to provide financial institutions and the real estate industry with information on money laundering risks associated with certain real estate transactions. As highlighted by recent Geographic Targeting Orders (GTOs) issued by FinCEN, real estate transactions involving luxury propert . . .
The Financial Crimes Enforcement Network (FinCEN) is issuing this advisory to provide financial institutions and the real estate industry with information on money laundering risks associated with certain real estate transactions. As highlighted by recent Geographic Targeting Orders (GTOs) issued by FinCEN, real estate transactions involving luxury propert . . .