Alert! Small Entity Guide Released September 18th

The Financial Crimes Enforcement Network (FinCEN) published a Small Entity Compliance Guide to assist the small business community in complying with the beneficial ownership information (BOI) reporting rule.  Starting in 2024, many entities created in, or registered to do business in, the United States will be required to report to FinCEN information about their beneficial owners—the individuals who ultimately own or control a company.  The Guide is intended to help businesses learn about and comply with the new reporting requirements.  FinCEN is also issuing revised and new FAQs about the BOI reporting requirements that incorporate content from the Guide. 

During this two-hour webinar we will focus on what your customer needs to know and do.

What you will learn: 

-Does your business customer have to report its beneficial owners?

-Who are the beneficial owners for your customer?

-Who are the company applicants?  Does your customer have to report any?

-What specific information does the customer have to report?

-When are initial reports required to be filed?

-What happens when there are changes and inaccuracies?  What does the customer do?

-A look at the updated FAQs for your business customers.

Who should attend?

Compliance Officers, BSA Officers, Business Departments, Operations, Training