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Treasury Department repeals Biden-era reporting requirement for US businesses

The Treasury Department on Tuesday officially repealed a requirement for American companies and individuals to report beneficial ownership information to its Financial Crimes Enforcement Network, or FinCEN. The department initially proposed the repeal in March 2025 and published the final rule in the Federal Register on Tuesday. In addition to repealing the reporting requirement, the...

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The HillCenter·3h ago
Treasury Department repeals Biden-era reporting requirement for US businesses
The Treasury Department on Tuesday officially repealed a requirement for American companies and individuals to report beneficial ownership information to its Financial Crimes Enforcement Network, or FinCEN. The department initially proposed the repeal in March 2025 and published the final rule in the Federal Register on Tuesday. In addition to repealing the reporting requirement, the...
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Treasury Department repeals Biden-era reporting requirement for US businesses

How 1 sources are covering this

Treasury Department repeals Biden-era reporting requirement for US businesses

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