FinCEN Clarifies Reporting Obligations Following Texas Court Ruling

May 19, 2026

The Financial Crimes Enforcement Network (FinCEN) released three new frequently asked questions May 18 clarifying the status of its Residential Real Estate Rule following a federal court decision in Texas that vacated the regulation nationwide. The FAQs address status of the rule and clarifies whether reports must be filed while the court's order remains in force and if reporting would be required retroactively if the rule is reinstated.

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