FinCEN Proposed Rule: Residential Real Estate Beneficial Ownership Reporting Requirements and Preparing for Compliance

Sal LaViña, chair of Barnes & Thornburg’s Real Estate Department, will participate in a virtual discussion entitled FinCEN Proposed Rule: Residential Real Estate Beneficial Ownership Reporting Requirements and Preparing for Compliance alongside Jonathan N. Halpern of Holland & Knight and Marina Olman-Pal of Greenberg Traurig.

The webinar will cover the Department of the Treasury's Financial Crimes Enforcement Network's (FinCEN) proposed rule to increase transparency in residential real estate transactions, which will significantly affect covered real estate entities by implementing extensive new reporting obligations. The panel will address who is covered by the proposed rule, the reporting requirements and best practices to prepare for compliance.