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FINCEN Adopts New Rule on Cash Sales ‎of Residential Real Estate

On August 29, 2024, the Financial Crimes Enforcement Network (“FinCEN”) published a final rule (the “Rule”) requiring reports by “reporting persons” concerning real estate transfers to a legal entity or trust of certain...more

FinCEN Issues Advance Notice of Proposed Rulemaking on Anti-‎Money ‎Laundering Regulations Relating to Dealing in ‎Antiquities

On September 23, 2021, the Financial Crimes Enforcement Network (FinCEN) issued an advance notice of proposed rulemaking (ANPRM) soliciting public comment on possible rules implementing Section 6110 of the Anti-Money...more

Anti-Money Laundering Act’s Impact on Dealings in Art and Antiquities

The Anti-Money Laundering Act of 2020 (the “AMLA”), which became law January 2, 2021 with Congress’ override of then President Trump’s veto of the Defense Appropriations Act of 2021 included provisions bringing dealers in...more

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