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What Does Your Financial Institution Need to Know About Your Company’s Ownership in 2025?
Yes, the requirement to register an entity’s Beneficial Ownership Information (BOI) with the U.S. Government agency, ...
JD Supra14d
Another Twist in the Corporate Transparency Act Saga: FinCEN Announces That Ownership Information Reporting Is Not Currently Required
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced in an alert posted on its website on January 24, ...
JD Supra22d
Legal Entities › Customer Due Diligence (CDD) › FinCEN
Effective May 11, 2018, covered financial institutions are required to comply with the customer due diligence rule (the Rule) that the Financial Crimes Enforcement Network (FinCEN) finalized in ...