On Dec. 22, 2023, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) published a final rule (Access Rule) establishing the parameters for authorized access to BOI reported to FinCEN. The Access Rule is the second of three rulemakings implementing the Corporate Transparency Act (CTA), a law designed to increase transparency in the ownership and control of U.S. legal entities and foreign entities registered to do business in the United States.
FinCEN Publishes Final Rule on Access to Beneficial Ownership Information
