Compliance programs typically refer to formalized institutional procedures within corporations and organizations to detect, prevent and respond to indvidual and widespread instances of regulatory ...

As discussed in our three prior client alerts, effective as of January 1, 2024, the Corporate Transparency Act (“CTA”) and rules issued thereunder by the Financial Crimes Enforcement Network ...

She says you only need basic information for FinCEN if you qualify; things like a DBA, identification, social security number, etc. As for whether or not you have to file: Your business is exempt ...

In light of the decision, reporting companies are required to submit beneficial ownership information to Fincen, but the Treasury Department has extended the filing deadlines. Companies created or ...

a beneficial owner may instead obtain a special identification number to be used instead of disclosing all the personal information that is otherwise required. To apply for the FinCEN identifier ...