Home » corporate

FinCEN Needs to Define “Substantial Control” in Regulations

In its Advance Notice of Public Rulemaking, FinCEN asked for comment on 48 separate questions arising under the Corporate Transparency Act (the "Act"). FinCEN Report Company has recently submitted written comments on the question of the meaning of "substantial control" in the Act. The Act defines the “beneficial owner” of an entity, subject to certain

By |2021-10-02T20:03:29+00:00April 27th, 2021|Categories: corporate transparency act, FinCEN, makes public comments, Uncategorized|Tags: , , , , |Comments Off on FinCEN Needs to Define “Substantial Control” in Regulations

FinCEN Director Asks for Input on Corporate Transparency Act Rules

FinCEN Director Kenneth Blanco Asks Industry for Input FinCEN Director Kenneth Blanco in prepared remarks earlier this week spoke about FinCEN's upcoming notice of proposed rule making to adopt regulations under the Corporate Transparency Act of 2020. As described in an earlier post, the 2020 Corporate Transparency Act has been called "the most

By |2021-10-02T20:03:30+00:00March 25th, 2021|Categories: FinCEN, M&A|Tags: , , , , , |Comments Off on FinCEN Director Asks for Input on Corporate Transparency Act Rules
Go to Top