U.S. businesses no longer have to comply with the beneficial ownership information (BOI) reporting filing requirements of the Corporate Transparency Act (CTA).

The federal government has killed beneficial ownership information for U.S. companies, but this might not be the final word on the matter.

On March 21, 2025, the Financial Crimes Enforcement Network issued an interim final rule exempting all U.S. entities and ...

On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) issued its promised interim final rule to eliminate the ...

The interim final rule removes the requirement under the Corporate Transparency Act for U.S. companies and people to report ...

Non-compliance will result in fines of Sh5 million to Sh10 million and operational restrictions, including the inability to ...

The new rule will still require foreign reporting companies to report beneficial ownership information. For most reporting companies, the reporting deadline was March 21, according to the register ...

The Treasury Department issued a rule that significantly waters down the number of businesses that must report information ...

The interim final rule drastically reduces the number of entities required to report beneficial ownership information. The ...

The Securities and Exchange Commission (SEC) has signed a data-sharing agreement on beneficial ownership information with the ...

Under the agreement, the corporate regulator will provide PS-DBM with access to the beneficial ownership information of SEC-registered corporations, allowing real-time risk assessments and integration ...

The requirement to report beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN) is now not to be actively enforced or fined per recent announcements from the US ...