While it is certainly true that the original CTA requirements covered a broad swath of this country’s small business community, FinCEN’s Notice issued February 27, 2025, promised to revise the ...

[1] It is useful to bear in mind that FinCEN has not had a stellar reputation for either writing clear CTA regulations or providing interpretative guidance that is useful in practice. For example ...

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President Trump is prioritizing border security and combating human trafficking, but also needs to secure America’s financial ...

WASHINGTON — Consistent with the U.S. Department of the Treasury’s announcement, the Financial Crimes Enforcement Network ...

The move reflects an announcement earlier this month in which FinCEN said it would no longer enforce the CTA, nor enforce any penalties or fines associated with beneficial ownership reporting under ...

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The CTA’s original framework required "reporting companies," including corporations, limited liability companies (LLCs), and similar entities, to submit detailed ownership information to FinCEN.