FINCEN Calls A Much Needed Time Out For Beneficial Ownership Information Reporting While Congress Mulls Changes
The U.S. Treasury's Financial Crimes Enforcement Network (FINCEN) has paused the Beneficial Ownership Information (BOI) ...
JournalofAccountancy23h
Treasury says it won’t enforce BOI fines or penalties against U.S. citizens, businesses
A news release says Treasury won’t enforce fines or penalties against U.S. citizens or domestic reporting companies or their beneficial owners. Treasury will also issue proposed rulemaking to limit ...
The Source Magazine2h
Canada Soccer Names Boi-1da Team’s First Music Ambassadaor
Canada Soccer has unveiled a groundbreaking philanthropic initiative in partnership with Infinity Records, appointing ...
The Floridian23h
Trump Continues Pro-Small Business Approach, Guts BOI Rules
President Donald Trump’s Treasury Department recently announced that it will not enforce the Corporate Transparency Act’s ...
JD Supra20h
FinCEN To Suspend CTA Enforcement, Extend BOI Reporting Deadlines
Continuing on its roller coaster of the past few months, CTA compliance is effectively back on hold after FinCEN announced that it plans to ...
FinCEN Offers Extra Time To File After Court Reinstates Beneficial Ownership Information (BOI) Reporting Requirements
A court in the Eastern District of Texas has reinstated beneficial ownership information (BOI) reporting requirements under ...
Bank of India adds 111 new branches to expand urban, semi-urban reach
BoI had 5,202 branches in the country, with 993 in metros, 838 in urban centres, 1,501 in semi-urban centres, and 1,868 in ...
JD Supra20h
Corporate Transparency Act: New Hold on BOI Penalties and Reporting
In a bombshell release issued on Feb. 27, 2025, the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) announced that ...