On May 15, 2026, the Financial Crimes Enforcement Network (“FinCEN”) filed a notice of appeal to the Texas Eastern District Court’s order from March 19, 2026.
The Court’s March 26 Order stayed FinCEN’s Residential Real Estate Reporting Rule from going into effect. Following the filing of the notice of appeal, FinCEN has reaffirmed that no reporting is currently required under the Residential Real Estate Reporting Rule and that there will not be any liability for not reporting at this time.
You may have recently received notice regarding an important update to the Financial Crimes Enforcement Network (“FinCEN”) Residential Real Estate Reporting Rule (the “RRE Rule”) following a federal court decision in Texas.
Real Estate Agent Guide to FinCEN Real Estate Reports (For closings after 3/1/26) What is the FinCEN Real Estate Report? The real estate report is a new federal anti-money laundering report filed with the U.S. Treasury (FinCEN) for certain residential real estate transfers starting in 2026. It is NOT a public record.
Beginning March 1, 2026, certain residential real estate transactions must be reported to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). The new rule is intended to combat money laundering and other illicit activity. In covered transactions that do not involve a bank or other financial institution, attorneys and title companies are required to file the FinCEN Real Estate Report.
To help you stay informed and compliant, we are highlighting several important employment and labor law updates that took effect this year including: Minimum Wage and Salary Threshold Increases; Public Works Project Electronic Certified Payroll; “Trapped At Work Act” Requires Immediate Review of Employee Training and Education Agreements; and NYS Credit Check Limitations.
Today the EEOC announced the opening of the portal for the collection of 2024 EEO-1 Component data. The portal will remain open until June 24, 2025.
