The U.S. Treasury's Financial Crimes Enforcement Network (FINCEN) has paused the Beneficial Ownership Information (BOI) ...

In surprise announcement, the Trump Administration says it won’t apply the beneficial ownership requirements of the ...

FinCEN announced that it will not issue any penalties or pursue enforcement action against reporting companies for ...

Two recent announcements from the Financial Crimes Enforcement Network (FinCEN) and the U.S Department of the Treasury provide some, at ...

The rule, which was held up in court for the last few months, would require foreign and domestic companies to disclose their ...

On Jan. 1, 2024, the Corporate Transparency Act (CTA) took effect. Originally enacted to combat financial crimes such as ...

Love it or hate it, beneficial ownership information reporting is on the shelf for most small businesses — for now, at least.

A news release says Treasury won’t enforce fines or penalties against U.S. citizens or domestic reporting companies or their beneficial owners. Treasury will also issue proposed rulemaking to limit ...

The Treasury Department's Financial Crimes Enforcement Network notified businesses that fail to report or update their ...

The rule was enacted to “make it harder for bad actors to hide or benefit from their ill-gotten gains through shell companies ...

The Financial Crimes Enforcement Network said late Thursday that it will extend the current reporting deadline beyond March 21 and will develop new regulations to reduce “regulatory burden.” ...

The Financial Crimes Enforcement Network of the U.S. Treasury Department (FinCEN) announced a new deadline for most companies ...