FinCEN defends Real Estate anti-money laundering rule ahead of Dec. 1 deadline

Reported by Brooklee Han (Excerpt shared below. To read full report, go to: https://www.housingwire.com/articles/fincen-anti-money-laundering-rule-dec-1-deadline-fnf/) The Financial Crimes Enforcement Network (FinCEN), its director Andrea Gacki, as well as the Department of the Treasury and its secretary, Scott Bessent, do not believe their anti-money laundering rule, which is slated to go into effect on Dec. 1, 2025, will cause Fidelity National Financial (FNF) irreparable harm. […]