FinCEN proposes rule on access to beneficial ownership info
The proposed regs would govern how BOI information is protected and disclosed to federal agencies, governments and financial institutions.
Tag: Beneficial ownership
FinCEN issues beneficial ownership rule, the first of three CTA mandates
The rule will require most corporations created in or registered to do business in the U.S. to report beneficial ownership ...
FinCEN to issue proposal on beneficial ownership database this year
As the Financial Crimes Enforcement Network works to implement the Corporate Transparency Act—an ABA-advocated provision of the Anti-Money Laundering Act ...
ABA Proposes Changes to FinCEN Beneficial Ownership Registry Rules
In response to the Financial Crimes Enforcement Network’s proposed rule for a beneficial ownership registry, ABA said today in a ...
Regulators Preview Forthcoming BSA/AML Rule Changes
As FinCEN works to create a long-awaited database of beneficial ownership information—a key provision of the Anti-Money Laundering Act of ...
FinCEN Proposes Beneficial Ownership Reporting Requirements
The Financial Crimes Enforcement Network today proposed regulations to implement the Corporate Transparency Act—a bipartisan, American Bankers Association-supported bill that ...
Five BSA Hot Topics for 2021
Moving from a ‘check the box’ mentality to a system that better protects consumers and banks.
ABA Recommends Standards for FinCEN Beneficial Ownership Registry
As the Financial Crimes Enforcement Network prepares to create a new beneficial ownership registry, ABA made several recommendations that should ...
A Field Guide to Coming AML/BSA Reforms
Recent legislative changes will keep banks’ Bank Secrecy Act officers busy for years to come. Here’s a CEO’s-eye view of ...
Biden to Seek Additional Funding for FinCEN’s Beneficial Ownership Database
President Biden is seeking a $191 million in funding for the Financial Crimes Enforcement Network—a $64 million increase from FY ...
