JD Supra

Out with a Whimper: FinCEN Issues Interim Final Rule on Corporate Transparency Act, Narrows BOI Reporting Requirements

On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) announced an interim final rule, which was officially published in the Federal Register on March 26, 2025, removing the requirement ...
JD Supra

FinCEN Interim Final Rule Signals End of Domestic Entities’ CTA Reporting Obligations

After almost 18 months of uncertainty and confusion with respect to the implementation and enforcement of the Corporate Transparency Act (CTA), on Friday, March 21, the U.S. Department of Treasury’s ...
Reuters

FinCEN’s Interim Final Rule on CTA Compliance

An expert Q&A on the US Department of the Treasury’s Financial Crimes Enforcement Network’s (FinCEN’s) interim final rule (IFR), effective March 26, 2025, and its effects on reporting obligations ...
JournalofAccountancy

Business advocacy group seeks destruction of millions of BOI records

A small business advocacy organization that sued over beneficial ownership information (BOI) reporting requirements asked the federal government to destroy BOI reports filed before the government ...