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 ...

The armored car company will pay FinCEN and the DOJ $42 million over three years following its willful admission to Bank ...

The Financial Crimes Enforcement Network list includes inflation-adjusted amounts for the civil monetary penalties for violating beneficial ownership information reporting rules.

Treasury official notes the department aims to “reduce regulatory burden on businesses,” and is looking at modifying the ...

If the federal government gets its way, companies must file a beneficial ownership information report soon. Find out what’s ...

Brink’s Global Services USA, Inc. (BGS), a company that transports money for businesses, has agreed to pay $50,391,143.22 as ...

BGS USA has entered into a Non-Prosecution Agreement with DOJ and a Consent Order Imposing Civil Monetary Penalty with FinCEN. Under the terms of the agreements, BGS USA has agreed to pay a total of ...

The saga of confusing Corporate Transparency Act (CTA) litigation continues, but the guidance remains the same: companies are ...

If an injunction is lifted, FinCEN will extend BOI filing deadlines for 30 days and reassess the types of companies required to file beneficial ownership information reports, the government said in ...

Q. I live in a large condo association. As long as I have lived here, the association has used a studio condo unit as an office owned by the association. For the majority of that time, we had a ...

Yes, the requirement to register an entity’s Beneficial Ownership Information (BOI) with the U.S. Government agency, ...