FinCEN, Reporting Deadlines

Latest Update on Corporate Transparency Act Compliance: FinCEN Suspends Penalties for Failure to Report by Current Deadlines
In our most recent Alert on the highly controversial and largely litigated nature of the Corporate Transparency Act (CTA), we reported that the
FinCEN says there will be no fines, penalties for failure to report BOI before deadline
The Treasury Department's Financial Crimes Enforcement Network notified businesses that fail to report or update their beneficial ownership information before the agency's March 21 deadline will not face fines or penalties.
FinCEN Again Delays CTA Reporting Deadlines and Suspends Enforcement
On February 27, 2025, the U.S. Financial Crimes Enforcement Network (FinCEN) announced that it intends to issue an interim final rule by March 21, 2025, with extended beneficial ownership information reporting deadlines.
FinCEN Not Issuing Fines or Penalties in Connection with Beneficial Ownership Information Reporting Deadlines for Now
FinCEN announced that it will not issue any fines or penalties or take any other enforcement actions against any companies based on any failure
FinCEN extends BOI reporting deadline, halts enforcement
The Financial Crimes Enforcement Network said late Thursday that it will extend the current reporting deadline beyond March 21 and will develop new regulations to reduce “regulatory burden.”
FinCEN Sets New Deadline and Teases Future Leniency With CTA
Companies are back on the hook to submit reports on their beneficial owners, but there’s a chance that new small businesses could enjoy leniency in the future. The Financial Crimes Enforcement Network on Wednesday extended the deadline by 30 days,
Treasury Department suspends enforcement of ownership information reporting for millions of businesses
The Treasury Department has halted enforcement of beneficial ownership information, or BOI, reporting for millions of ...
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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 ...
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Treasury Department halts enforcement of BOI requirements: What to know
The Treasury Department announced that it is suspending enforcement of the Beneficial Ownership Information (BOI) reporting ...
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 ...
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FinCEN strikes again: Recent Corporate Transparency Act updates
On Jan. 1, 2024, the Corporate Transparency Act (CTA) took effect. Originally enacted to combat financial crimes such as ...
Inside the twists and turns of a new business reporting mandate
A trio of lawyers from Venable LLP break down the history of the Corporate Transparency Act and what businesses need to know.
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FinCEN Halts Enforcement of CTA (again!) - A Promised Future Rulemaking Will Reset Compliance Obligations
Having only announced its extended March 21, 2025 deadline to file beneficial ownership information reports under the Corporate Transparency ...