FinCEN has once again changed course on enforcement of the CTA. On February 27, 2025, FinCEN announced that it will not issue ...

On February 27, 2025, the Financial Crimes Enforcement Network (FinCEN) announced that it will not impose fines, penalties, ...

According to the Treasury, the department will be issuing proposed rules to narrow the scope of the rule to foreign reporting ...

The Treasury said it will not enforce penalties under the Corporate Transparency Act and will focus new proposed rules ...

The US treasury department announced that it will halt enforcement of the Corporate Transparency Act's Beneficial Ownership ...

On February 27, 2025, the U.S. Financial Crimes Enforcement Network (FinCEN) announced that it intends to issue an interim final rule by March 21, 2025, with extended beneficial ownership information ...

A trio of lawyers from Venable LLP break down the history of the Corporate Transparency Act and what businesses need to know.

A court in the Eastern District of Texas has reinstated beneficial ownership information (BOI) reporting requirements under ...

The U.S. Treasury Department will exempt domestic businesses from anti-money laundering reporting under the Corporate ...

A news release says Treasury won’t enforce fines or penalties against U.S. citizens or domestic reporting companies or their beneficial owners. Treasury will also issue proposed rulemaking to limit ...

On Jan. 1, 2024, the Corporate Transparency Act (CTA) took effect. Originally enacted to combat financial crimes such as ...

The Financial Crimes Enforcement Network said late Thursday that it will extend the current reporting deadline beyond March 21 and will develop new regulations to reduce “regulatory burden.” ...