Tag: US Treasury

Posted on 11/15/2024
Anti-Money Laundering Law - How Does This Affect Your Business?
The US Treasury Department, Financial Crimes Enforcement Network (FinCEN) is requiring many companies to report their company owners into a secure and non-public database (called Beneficial Ownership Information Report/BOIR), which only takes a few minutes. The required reporting was created to help the government protect our economic and national security, as corporate anonymity can put law abiding businesses...
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