News & insights

Guidance Provided on Beneficial Ownership Reporting

Written by Insight & Partnership Team | Apr 17, 2023 3:14:00 PM

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.