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

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

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

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

The ongoing saga of the Corporate Transparency Act (CTA) continues! On the evening of February 27, 2025, the Financial Crimes ...

Due to the February 17, 2025, decision by the U.S. District Court for the Eastern District of Texas in Smith, et al. v. U.S.

An overview of how federal bank regulatory agencies examine banks for Bank Secrecy Act (BSA) compliance and the available ...

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

The Treasury Department's Financial Crimes Enforcement Network (FinCEN) announced two countries have been added to the ...

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 Originally enacted to combat financial crimes such as ...

Canadian lender TD Bank appointed Guidepost Solutions as the compliance monitor for its anti-money laundering program after U ...

NOW, IF YOU OWN 25% OR MORE OF AN LLC OR A CORPORATION, YOU’RE REQUIRED TO FILE YOUR INFORMATION WITH THE FINANCIAL CRIMES ENFORCEMENT NETWORK, ALSO KNOWN AS FINCEN. MOST COMPANIES HAVE UNTIL ...