Guidance Provided on Beneficial Ownership Reporting

17 April 2023

professional at laptop with report graph

Guidance Provided on Beneficial Ownership Reporting

The Financial Crimes Enforcement Network (FinCEN) has published a range of resources providing guidance on forthcoming beneficial ownership information reporting requirements.

Relevant firms created in or registered to do business within the United States should explore the guidance resources to prepare for the forthcoming enforcement of the reporting requirements.

The guidance will assist firms preparing to implement the beneficial ownership information reporting requirements introduced under the Corporate Transparency Act [CTA].

FinCEN has released:

A factsheet of key questions for firms;
Future reporting filing dates for initial, updated, and corrected reports;
Frequently asked questions on beneficial ownership and reporting;
A short introductory video to the requirements;
An informational video providing guidance.

Read the full guidance

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Guidance Provided on Beneficial Ownership Reporting

17 April 2023

Guidance Provided on Beneficial Ownership Reporting

The Financial Crimes Enforcement Network (FinCEN) has published a range of resources providing guidance on forthcoming beneficial ownership information reporting requirements.

Relevant firms created in or registered to do business within the United States should explore the guidance resources to prepare for the forthcoming enforcement of the reporting requirements.

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