“In its current form, the GENIUS Act is great for tether. The door is open for them to register onshore, but if they don’t, ...

On January 30, 2025, a bipartisan group of US Senators released a discussion draft of the Taxpayer Assistance and Service Act (“TAS Act”), ...

Both consumers and banks reported that the rate of fraud and scams has steadied, according to Fincen and FTC data, but the ...

After months of litigation—including a cameo before the Supreme Court—the last nationwide injunction of the Corporate ...

A new order requires certain non-bank financial companies in certain ZIP codes to report transactions over $200, much lower than the previous $10,000 threshold.

After a short reprieve from the requirement to file a beneficial ownership information report (BOIR) with the federal ...

Businesses must file beneficial ownership details by March 21. Tracy Fickett explains what motorcoach companies need to do to ...

The U.S. Treasury's Financial Crimes Enforcement Network (FINCEN) has paused the Beneficial Ownership Information (BOI) ...

The letter highlights the significant burden placed on small businesses by the Beneficial Ownership Information (BOI), commonly known as FinCEN reporting requirements, as well as the numerous ...

FinCEN said Thursday it will no issue fines, penalties or take other enforcement actions against companies that do not make their reports by that deadline. It intends to wait to begin penalties and ...

FinCEN didn't announce a new reporting deadline but said it ... identity of "company applicants" — defined as any individual who files an application to form a corporation, limited liability company, ...

ADDRESS AND SOME FORM OF IDENTIFICATION. AND IF YOU’RE COMFORTABLE WITH THE TECHNOLOGY AND GOING ONLINE TO DO THIS, IT TAKES 5 TO 10 MINUTES. NOW, ACCORDING TO THE WEBSITE, FINCEN SAYS IT WILL ...