ICIJ10d
US company database remains on hold, despite Supreme Court decision
Treasury had to issue a note clarifying that, despite a court victory last week, another legal challenge continued to block ...
American Banker1mon
Fincen beneficial ownership reporting deadlines reinstated, extended
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 ...
Small Businesses Must Now Report Ownership Information to the Government. But Many Don’t Know About it.
The law creates a beneficial ownership database and reporting requirements for companies to file ownership information to ...
JD Supra6d
BOI Reports: What Business Owners and Attorneys Should Know
Starting last January, the U.S. Department of Treasury’s Financial Crimes Enforcement Network has opened a portal for ...
Forbes1y
The Corporate Transparency Act: Franchisors And Franchisees Need To Comply With New Federal Reporting Obligation Effective January 2024
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 ...
The Corporate Transparency Act Means Jail Time for Small Business Owners | Opinion
Any time this information changes, updated information must be submitted to FinCEN's database within thirty days. Failure to ...
JD Supra11d
FinCEN Confirms Compliance with Corporate Transparency Act Remains Voluntary
McHenry, the Financial Crimes Enforcement Network (“FinCEN”) confirmed compliance with the Corporate Transparency Act (“CTA”) remains voluntary. On January 24, 2025, FinCEN posted the ...
Washington Examiner23d
Privacy hawks reintroduce bill to repeal small business ownership disclosure act
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 ...