Business Information News What Are My Business’s Beneficial Ownership Obligations

Update on the beneficial ownership reporting regime in the Cayman Islands - ongoing obligations and developments

Entities have ongoing obligations to keep beneficial ownership information up to date. Legislative developments have clarified what information needs to be reported for trusts and deemed beneficial ... Read More

Beneficial Ownership Reporting Is Back: What Does It Mean for Your Business?

It’s time to sharpen those pencils — Beneficial Ownership Information (BOI) Reporting is once again enforceable. Following a lifted injunction, FinCEN (Financial Crimes Enforcement Network) has set a ... Read More

Requirement to submit beneficial ownership report indefinitely suspended

ALBANY — The U.S. Treasury Department’s Financial Crimes Enforcement Network recently added requirement for businesses to file beneficial ownership information reports by the end of the year has been ... Read More

Beneficial Ownership Information Access

On 11/15/24, FinCEN updated two Beneficial Ownership Information Access FAQs. The theme of the 11/15/24 update is Beneficial Ownership Access in accordance with the Corporate Transparency Act. FinCEN ... Read More

Treasury small business ownership rule on hold as court eyes constitutionality

An upcoming Treasury Department deadline for millions of small businesses to fulfill a new reporting requirement on "beneficial ownership information" was delayed again, following a court order that ... Read More

Does My Small Business Have Beneficial Ownership Information (BOI) Reporting Requirements?

Most businesses that are officially registered with their secretary of state will need to complete a BOI report. Many, or all, of the products featured on this page are from our advertising partners ... Read More

Treasury halts business ownership information reporting

The U.S. Department of the Treasury announced that it will not be handing down penalties stemming from violations of the beneficial ownership information (BOI) reporting rule as part of the Corporate ... Read More

Wolters Kluwer to Share Compliance Insights on Beneficial Ownership Reporting at November 12 Webinar

MINNEAPOLIS--(BUSINESS WIRE)--With a year-end reporting deadline drawing near, Wolters Kluwer CT Corporation will offer expert guidance to impacted businesses for filing beneficial ownership ... Read More

Wolters Kluwer Offers Compliance Insights for Startups on Beneficial Ownership Filing Requirements

MINNEAPOLIS--(BUSINESS WIRE)--With an end-of-year deadline looming for the Beneficial Ownership Information (BOI) reporting rule as part of the Corporate Transparency Act (CTA), a range of startup ... Read More

What happened with small carriers’ beneficial ownership information?

The Corporate Transparency Act required 32 million small businesses to submit beneficial ownership information to FinCEN by January 15. One case in federal court shook things up. Here is what happened ... Read More

Treasury sets March 21 deadline for millions of businesses to report ownership information or risk fines of $10,000 or more

The Treasury Department has set a new deadline of March 21 for millions of businesses to fulfill a new reporting requirement on "beneficial ownership information," after a court order allowed the ... Read More