FinCEN Renews Real Estate Geographic Targeting Orders
October 16, 2024
October 16, 2024
WASHINGTON, Oct. 16 -- The U.S. Department of the Treasury Financial Crimes Enforcement Network issued the following news release on Oct. 15, 2024:
The Financial Crimes Enforcement Network (FinCEN) today announced the renewal of its Geographic Targeting Orders (GTOs) that require U.S. title insurance companies to identify the natural persons behind shell companies used in non-financed purchases of residential real estate.
The terms of the GTOs are effective beginning Oc . . .
The Financial Crimes Enforcement Network (FinCEN) today announced the renewal of its Geographic Targeting Orders (GTOs) that require U.S. title insurance companies to identify the natural persons behind shell companies used in non-financed purchases of residential real estate.
The terms of the GTOs are effective beginning Oc . . .