Armored car company Brink's has agreed to forfeit $50 million to avoid criminal prosecution stemming from allegations of ...

If an injunction is lifted, FinCEN will extend BOI filing deadlines for 30 days and reassess the types of companies required to file beneficial ownership information reports, the government said in ...

The Corporate Transparency Act (CTA), enacted in 2021, mandates that companies disclose their true ownership to the Financial Crimes ...

On January 1, 2024, the Corporate Transparency Act (the “Act”) went into effect. The Act requires all non-exempt corporations, limited liability companies, and partnerships created or registered to do ...

Scott Bessent’s approval as Treasury Secretary highlights his focus on tax reforms and potential crypto regulations, ...

Discusses the willfully requirement for the filing of FINCEN Beneficial Ownership Information Reports (BOIR) under the ...

U.S. Supreme Court stays one lower court’s injunction of the CTA, but another lower court’s order still keeps the Act in ...

U.S. Senator Tommy Tuberville (R-Ala.) and Congressman Warren Davidson (R-OH-08) have re-introduced the Repealing Big Brother ...

Small businesses are still not required to register with an agency called the Financial Crimes Enforcement Network, or FinCEN ...

The whistleblower said the two giant card companies knew their networks were being used to pay for illegal content on the porn-driven site.

The complaint was filed in January 2023 with the Treasury’s Financial Crimes Enforcement Network (FinCEN) and the U.S. Justice and Homeland Security departments, the whistleblower said. Mastercard and ...