On January 24 NAR, Asian American Real Estate Association of America (AREAA), American Escrow Association (AEA), and Real Estate Services Providers Council (RESPRO) sent a letter to Financial Crime Enforcement Network (FinCEN). The letter requests a 60-day extension of the comment period for Financial Crime Enforcement Network’s (FinCEN) Advance Notice of Proposed Rulemaking (ANPRM; RIN-1506-AB54) Anti-Money Laundering Regulations for Real Estate Transactions soliciting public comments on the rulemaking process for the real estate sector to address money laundering and illicit financial crimes.
Coalition Letter to FinCEN Requesting Comment Period Extension for Anti-Money Laundering Rule Making
Issue Date: January 24, 2022
On January 24 NAR, Asian American Real Estate Association of America (AREAA), American Escrow Association (AEA), and Real Estate Services Providers Council (RESPRO) sent a letter to Financial Crime Enforcement Network (FinCEN). The letter requests a 60-day extension of the comment period for Financial Crime Enforcement Network’s (FinCEN) Advance Notice of Proposed Rulemaking (ANPRM; RIN-1506-AB54) Anti-Money Laundering Regulations for Real Estate Transactions soliciting public comments on the rulemaking process for the real estate sector to address money laundering and illicit financial crimes.
Download the Letter