Corporate Transparency Act Update: FinCEN Extends Beneficial Ownership Reporting Deadline for Companies Formed or Registered in 2024

December 21, 2023 Corporate Governance & Compliance

On November 30, 2023, the Financial Crimes Enforcement Network (FinCEN) amended the beneficial ownership information (BOI) reporting rule extending the deadline for certain Reporting Companies to file their initial BOI report under the Corporate Transparency Act (“CTA”).[1] Previously, the CTA guidelines required that Reporting Companies formed or registered on or […]