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

The Financial Crimes Enforcement Network said late Thursday that it will extend the current reporting deadline beyond March 21 and will develop new regulations to reduce “regulatory burden.” ...

On February 27, 2025, the Financial Crimes Enforcement Network (“FinCEN”) announced it will not be enforcing the current ...

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

AT A GLANCE - On February 17, 2025, the US District Court for the Eastern District of Texas stayed its January 7 order, enjoining ...

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

Attorneys following the Corporate Transparency Act say the on-again-off again deadline to file Beneficial Ownership Information reports is off again. Iqan Fadaei and Christopher Seamster represent ...

Companies are back on the hook to submit reports on their beneficial owners, but there’s a chance that new small businesses could enjoy leniency in the future. The Financial Crimes Enforcement ...

The foundation for much of what we now know as anti-money laundering (AML) originated in 1970 with a piece of U.S.

The implementation of the Corporate Transparency Act, which requires millions of companies to disclose their true ownership ...

After several months of ping-ponging court decisions, corporations and limited liability companies (LLCs) must file ...

A Mingzhi Li, 24 and Zeyue Jia, 23, of Downtown Los Angeles and a Jun Shi, 55, of San Gabriel were charged with operating an ...