JD Supra11h
FinCEN Commits to Extend CTA Reporting for 30 Days If Court Grants Stay of Injunction
On February 5, 2025, the United States filed a motion in the case of Samantha Smith, et al., v. United States Department of Treasury, et al., to ...
JournalofAccountancy12h
BOI penalties increase while reporting rules remain on hold
The Financial Crimes Enforcement Network list includes inflation-adjusted amounts for the civil monetary penalties for violating beneficial ownership information reporting rules.
Government Appeals Decision Blocking Business Ownership Reports, But Hints At Coming Policy Change
Treasury official notes the department aims to “reduce regulatory burden on businesses,” and is looking at modifying the ...
Land Line14h
Federal government asks court to revive Corporate Transparency Act’s beneficial ownership information yet again
If the federal government gets its way, companies must file a beneficial ownership information report soon. Find out what’s ...
The Brink's Company: Brink's Global Services USA Reaches Resolutions with DOJ and FinCEN
The Brink's Company (NYSE:BCO) today announced that its subsidiary, Brink's Global Services USA (BGS USA), has reached agreements with the U.S. Department ...
Brink's Forfeits $50M to Settle Allegations of Unlicensed Money Transmitting
The non-prosecution agreement between Brink’s and the U.S. Attorney’s Office includes admissions that the company violated the Bank Secrecy Act, which requires registering with the U.S. Treasury’s ...