Join Allison McLeod as she provides a comprehensive overview of the new financial regulations under the Corporate Transparency Act (CTA) and FinCEN's latest guidelines for real estate transactions. It is designed for professionals involved in compliance, real estate, legal, and financial sectors, who need to understand the implications of these changes for their practices and clients. The session will explore key aspects of the legislation, including the requirement for beneficial ownership reporting and the impact on cash real estate purchases, with a focus on preventing money laundering and enhancing transparency in business and real estate transactions.

Learning Objectives:

• Identify the entities and transactions subject to the new reporting requirements under the Corporate Transparency Act and FinCEN's rules for real estate


• Recognize the potential legal and financial consequences for non-compliance with these new regulations, including civil and criminal penalties


• Determine the appropriate steps to comply with the reporting requirements, including how to handle the disclosure of beneficial ownership information in different states that have varying levels of public access to such information