This memo supplements and expands the original FinCEN Geographic Targeting Order memo dated August 11th 2016; Supplemental Memo dated August 19th 2016; Extension Memo dated March 2nd 2017 and September 15th 2017.
National Investors Title Insurance Company ("NITIC") has been issued a Geographical Targeting Order ("Order") by the Director of the Financial Crimes Enforcement Network ("FinCen"), U.S. Department of the Treasury similar to the July 22, 2016 Order (a copy of the most recent order is attached) expanding the Order period. This Order period is effective beginning on March 21, 2018 through September 16, 2018.
All other procedures and requirements as set forth in the previous memos remain in effect.
As a reminder, NITIC will handle the reporting of all Covered Transactions for agents and subsidiaries. Should you have any questions regarding this memorandum or older memorandum related to this topic, please immediately contact:
Mike W. Aiken
Senior Vice President
National Investors Title Insurance Company
[email protected]
Direct: 919-945-2549
Click Here - Geographic Targeting Order
