Treasury had to issue a note clarifying that, despite a court victory last week, another legal challenge continued to block ...

Starting last January, the U.S. Department of Treasury’s Financial Crimes Enforcement Network has opened a portal for ...

The Financial Crimes Enforcement Network Monday reinstated and extended the deadline ... Law enforcement agencies will gradually gain access to the database, with a phased approach extending to ...

The law creates a beneficial ownership database and reporting requirements for companies to file ownership information to ...

McHenry, the Financial Crimes Enforcement Network (“FinCEN”) confirmed compliance with the Corporate Transparency Act (“CTA”) remains voluntary. On January 24, 2025, FinCEN posted the ...

Any time this information changes, updated information must be submitted to FinCEN's database within thirty days. Failure to ...

FinCEN’s database will be a key component to such data analytics technology. Information in FinCEN’s Beneficial Ownership Secure System will be accessible to law enforcement at the federal ...

As a result, FinCEN updated its guidance alerting reporting ... “The law mandates small businesses to register in a massive new federal database that state, federal, and international law ...

The U.S. Justice Department, on behalf of the Financial Crimes Enforcement Network, in an application filed on New Year’s Eve asked the Supreme Court to stay the injunction issued by a Texas ...

Garland. Previously, FinCEN had extended the deadline from January 1, 2025. The Fifth Circuit justified this flip flop on the basis that: “The merits panel now has the appeal, which remains ...