FinCEN issued an interim final rule Friday removing the requirement for U.S. companies and U.S. persons to report beneficial ...

Following announcements from the Financial Crimes Enforcement Network (“FinCEN”) on February 27, 2025, and the United States ...

In a surprise announcement, the Trump Administration says it won’t apply the beneficial ownership requirements of the ...

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

So, why on earth did companies balk at the Beneficial Ownership Information (BOI) requirement of the U.S. Corporate Tax Transparency Act? And why did it come to a screeching halt over a tweet?

On March 2, the Treasury announced it will suspend enforcement of fines or penalties indefinitely for beneficial ownership information ...

The U.S. Congress started the BOI problem and now needs to fix it. We last visited FINCEN's Beneficial Ownership Information (BOI) reporting requirements in my article, The FINCEN Beneficial ...

In a Sunday evening announcement, Treasury said in a news release that it will not impose penalties now or in the future if companies fail to register for the agency’s beneficial ownership information ...

After several months of back-and-forth court decisions and extended deadlines, the U.S. Treasury Department announced it ...

The Kingdom of Saudi Arabia’s new UBO Rules, effective 3 April 2025, require most companies to disclose their UBOs to the ...

Following months of back-and-forth court rulings and delays, the U.S. Treasury De­­partment recently an­nounced it won’t ...