FinCEN Releases Proposed Regulations For Accessing, Safeguarding Beneficial Owner Information

The US Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) issued proposed regulations (Proposed Regulations) on 15 December 2022, governing the disclosure, access and safeguarding of beneficial ownership information (BOI) required to be submitted to FinCEN by in-scope US and foreign reporting companies under the Corporate Transparency Act (CTA).

Boots On The Ground: Why The U…