FinCen Reverses Rule that Mandated Beneficial Ownership by Indviduals
The US Department of the Treasury, Financial Crimes Enforcement Network (FinCEN), has reversed requirements that mandated individuals to report beneficial ownership in companies. The final rule will become effective after it is published in the Federal Register. The rule adopts what was proposed this past… Read More
Read more in: Politics, Legal & Regulation | Tagged Beneficial Ownership, fincen, privacy, us department of treasury