U.S. Treasury announces final anti-money laundering rules for real estate agents
Briefly

"The final residential real estate rule will require certain industry professionals to report information about non-financed transfers of residential real estate to a legal entity or trust, significantly enhancing transparency in the market."
"These changes aim to limit the ability of illicit actors to anonymously launder money through the housing market, and to support law enforcement in their investigative efforts more effectively."
Read at www.housingwire.com
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