The Treasury Department's Financial Crimes Enforcement Network notified businesses that fail to report or update their ...

On February 27, 2025, the U.S. Financial Crimes Enforcement Network (FinCEN) announced that it intends to issue an interim ...

FinCEN announced that it will not issue any fines or penalties or take any other enforcement actions against any companies ...

FinCEN announced “it will not issue any fines or penalties or take any other enforcement actions against companies based on ...

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

Business owners are now required to file beneficial ownership information (BOI) under the Financial Crimes Enforcement ...

Beneficial Ownership Information (“BOI”) reporting under the Corporate Transparency Act (the “CTA”) is once again mandatory.

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 Originally enacted to combat financial crimes such as ...

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

The Justice Department and the Financial Crimes Enforcement Network have jointly selected consulting firm Guidepost Solutions ...

After a short reprieve from the requirement to file a beneficial ownership information report (BOIR) with the federal ...

On Feb. 18, a federal judge lifted the stay in Smith v. U.S. Department of the Treasury, effectively reversing the nationwide injunction that prevented the government from enforcing the Federal ...