This week on The Real Deal with Empire, we're joined again by Cindy Immonen, VP State Agency Representative at Fidelity, for a no-nonsense breakdown of FinCEN’s latest regulatory push in real estate.

FinCEN (Financial Crimes Enforcement Network) is proposing a sweeping new rule that would require real estate professionals to report up to 111 data points for each non-financed, cash real estate transaction involving entities or trusts. The goal? Cut off the flow of dirty money through U.S. property deals.

Cindy unpacks what’s in this proposal, what it means for the industry, and how professionals can prepare for the compliance challenges ahead. We talk red flags, reporting timelines, potential legal exposure, and how this fits into the broader anti-money laundering (AML) crackdown.

If you're in real estate or connected to the transaction process, this episode is your early warning and action plan.