Stewart Announces FINCEN Reporting Services
October 9, 2025
Stewart Information Services Corp. has launched FINCEN Reporting Services (FRS) to help title and closing customers comply with the new Anti-Money Laundering Rule (AML), which was delayed until March 1, 2026.
The rule requires title and settlement professionals to collect data, validate reportability, communicate with buyers and sellers, electronically file required reports and retaining required documents for the specified time period.
Stewart’s solution allows this to be accomplished through its technology platform.
“Our FINCEN Reporting Services platform was built with direct input from industry leaders and compliance experts to provide our title and closing customers with peace of mind in meeting these new regulatory requirements,” said Don Booher, vice president of Stewart Ancillary Services. “By automating and streamlining AML reporting, FRS minimizes risk, reduces manual effort, and delivers secure, reliable compliance for every transaction.”
The platform enables communication with all parties involved in the transaction, ensuring secure data collection, timely filing and required document retention. Other key benefits of FRS include advanced encryption for data protection, real-time status dashboards and integrated support for both residential and commercial transactions.
”FRS was ready to launch December 1, but now the additional three months has provided the opportunity to better educate our customers and fully understand the finalized forms’ reporting requirements, ensuring the FRS solution takes the burden of FinCEN reporting off our title and closing customers, allowing them to focus on their business,” said Mark Bauwin, Stewart FinCEN operations director.
Contact ALTA at 202-296-3671 or [email protected].