OrbitaxOrbitax

U.S. FinCEN Provides Update on BOI Reporting

|Approved Changes|United States
United States

On 7 February 2025, the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) published an alert on its BOI webpage providing an update on beneficial ownership information (BOI) reporting requirements. The alert notes the Justice Department, on behalf of the Treasury Department, has appealed a district court order blocking the enforcement of the BOI reporting requirements an…

Continue Reading