Finanse publiczne · 26/03/2025

FinCEN Extends Deadline for Beneficial Ownership Reporting for Foreign Reporting Companies, Exempts Domestic Reporting Companies

The Financial Crimes Enforcement Network (FinCEN) is revising its beneficial ownership reporting requirements under the Corporate Transparency Act (CTA) to exempt domestic reporting companies from the requirement, while extending the deadline for foreign reporting companies to file initial and updated reports to 30 days from publication.