FinCEN renewed its Geographic Targeting Orders requiring U.S. title insurance companies to collect and report beneficial ownership information for certain residential real estate purchases.

FinCEN warned financial institutions to be cautious of potential investments in the U.S. commercial real estate sector by sanctioned Russian elites and their proxies.

Assistant Secretary of the Treasury for Terrorist Financing and Financial Crimes Elizabeth Rosenberg highlighted areas of increasing concern for AML/CFT policymakers: the hiding of ownership of assets managed by investment advisers and the lack of regulation over the non-financed segment of the real estate market.

FinCEN renewed its Geographic Targeting Orders requiring U.S. title insurance companies to collect and report beneficial ownership information for certain residential real estate purchases.

FinCEN renewed and expanded their Geographic Targeting Orders requiring U.S. title insurance companies to collect and report beneficial ownership information for certain residential real estate purchases.