After sitting on ice for most of the winter, the Corporate Transparency Act (CTA) is ready to spring into action. Companies ...

The U.S. Treasury said it wouldn't impose penalties associated with Beneficial Ownership Information reporting under the ...

On February 19, 2025, the Financial Crimes Enforcement Network (“FinCEN”) announced that most reporting companies under the ...

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

Before the CTA was adopted, we were the money laundering capital of the world,” Taylor English Duma partner Jonathan Wilson ...

Treasury Department said it won’t take enforcement action against Americans or American companies who fail to file ownership information under the law.

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

The Treasury Department has halted enforcement of beneficial ownership information, or BOI, reporting for millions of ...

In a Monday statement, Ian Gary, executive director of the Financial Accountability and Corporate Transparency Coalition, ...

Trump blasted the rule as an "absolute disaster" for small businesses and said the Treasury is also finalizing a new regulation to suspend it.

The Trump administration announced Sunday it will cease to enforce penalties and fines on businesses that fail to adhere to ...

The beneficial ownership information (BOI) reporting requirement was introduced with the enactment of the Corporate ...