FINCEN, BOI reporting and Beneficial Ownership Information

FINCEN Calls A Much Needed Time Out For Beneficial Ownership Information Reporting While Congress Mulls Changes
The U.S. Treasury's Financial Crimes Enforcement Network (FINCEN) has paused the Beneficial Ownership Information (BOI) reporting requirement for the time being.
FinCEN pauses beneficial ownership reporting enforcement: New rule and deadlines coming March 21
FinCEN announced its plans to issue an interim final rule that will extend the current beneficial ownership information
FinCEN extends BOI reporting deadline, halts enforcement
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.”
FinCEN Not Issuing Fines or Penalties in Connection with Beneficial Ownership Information Reporting Deadlines for Now
FinCEN announced that it will not issue any fines or penalties or take any other enforcement actions against any companies based on any failure to file or update beneficial ownership information (BOI) reports pursuant to the Corporate Transparency Act by the current deadlines.
FinCEN says there will be no fines, penalties for failure to report BOI before deadline
The Treasury Department's Financial Crimes Enforcement Network notified businesses that fail to report or update their beneficial ownership information before the agency's March 21 deadline will not face fines or penalties.
JD Supra2h
Latest Corporate Transparency Act Update from FinCEN: Enforcement Paused, For Now
Stay tuned – another shoe is likely to drop from Washington D.C. on the CTA (“Corporate Transparency Act”) in the next three ...
Treasury Declares New Ownership Reporting Law Will Only Apply To Foreign Companies
According to the Treasury, the department will be issuing proposed rules to narrow the scope of the rule to foreign reporting ...
Repairer Driven News8h
Treasury Department announces suspension of CTA enforcement
The U.S. Treasury Department announced Sunday a suspension of the enforcement of the Corporate Transparency Act (CTA) against ...
Overdrive3h
Treasury suspends small-business ownership reporting requirement
The U.S. Treasury said it wouldn't impose penalties associated with Beneficial Ownership Information reporting under the ...
Treasury Department suspends enforcement of ownership information reporting for millions of businesses
The rule was enacted to “make it harder for bad actors to hide or benefit from their ill-gotten gains through shell companies ...
Trump Administration Curbs Enforcement of the Corporate Transparency Act
Treasury Department said it won’t take enforcement action against Americans or American companies who fail to file ownership ...
Central Penn Business Journal4h
Corporate Transparency Act on hold once again
The Corporate Transparency Act, which has been on again and off again for months is now off again.
Bisnow37m
Treasury Suspends Rule Aimed At Curbing Money Laundering Through Shell Companies
Former Treasury Secretary Janet Yellen and other officials previously estimated the regulatory burden would cost about $85 ...