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FinCEN Exempts U.S. Companies From Beneficial Ownership Reporting and Focuses on Foreign Entities

On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) announced an interim final rule that significantly narrows the scope of beneficial ownership information (BOI) reporting requirements under the Corporate...more

Nationwide Enforcement of the Corporate Transparency Act Resumes

On February 18, 2025, the U.S. District Court for the Eastern District of Texas (EDTX) lifted the nationwide injunction to the Financial Crimes Enforcement Network's (FinCEN) enforcement of the Beneficial Ownership...more

FinCEN Extends Corporate Transparency Act Reporting Deadlines for Hurricane Victims

The Financial Crimes Enforcement Network (FinCEN) announced as of October 29, 2024, a six-month extension for certain businesses affected by recent hurricanes to submit their beneficial ownership information (BOI) reports...more

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