FinCEN
Financial Crimes Enforcement Network

Beneficial Ownership Information Reporting & What You Need to Know

A new federal law in effect as of Jan. 1, 2024, has a significant impact on those who form, or have an interest in, a state-registered legal entity. The Beneficial Ownership Information (BOI) reporting by the Corporate Transparency Act of 2021 requires providing information and copies of government-issued identification documents to FinCEN under pain of civil or criminal penalty. The purpose of the BOI rule is to provide FinCEN with the information needed to combat the illicit use of our financial system.


BOI Reporting - It's Here!

The BOI E-Filing System is now live.  FinCEN has begun accepting BOIRs electronically through its secure filing system

File a BOIR Today!
 

 Steps to Get Ready


On-Demand Training

Disclosing Beneficial Ownership: The Corporate Transparency Act - Register Now

The IRS’ Financial Crimes Enforcement Network (FinCEN) is tasked with the elimination of money laundering activity.  Toward that end, FinCEN has regulations which require banks and...


FinCEN Reporting: BSA E-Filing Account Setup - Watch Now

Members filing Currency Transaction Reports (CTR) must first be granted access to FinCEN’s E-Filing portal.  Setting up a new account is explained in this recording.  The...


FinCEN Reporting: How to Complete a Currency Transaction Report - Watch Now

Members filing Currency Transaction Reports (CTR) to comply with the mandate of a Geographic Targeting Order will find that process demonstrated and explained in this recording. This...

Questions

Send us your questions and we will get back to you as soon as we can. Help us learn about the issues you are encountering in your practices, which in turn guides how we can best support you.

Email: FinCENinfo@thefund.com


News & Alerts

FinCEN GTO
7/1/2024

All Fund Members are required to comply with the terms of the current Geographic Targeting Ord...

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FinCEN GTO
6/1/2024

All Fund Members are required to comply with the terms of the current Geographic Targeting Ord...

Read More »


Real Estate GTO Apr 2024 – Old Republic National Title Insurance Company

Real Estate GTO Apr 2024 – Old Republic National Title Insurance Company

A new Geographic Targeting Order (GTO) has been issued effective April 19, 2024 and ending on Oct...

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FinCEN GTO Applies to 11 Counties
5/1/2024

All Fund Members are required to comply with the terms of the current Geographic Targeting Ord...

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FinCEN Compliance: E-Filing Currency Transaction Reports
2/1/2022

By Bob Rohan, Fund Regulatory Compliance Counsel

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Regulatory Compliance Corner
12/1/2023

By John B. "Jay" St. Lawrence, Fund Regulatory Compliance Counsel

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New FinCEN GTO - Now Applies to 11 Counties!
12/1/2023

All Fund Members are required to comply with the terms of the current Geographic Targeting Ord...

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Get Ready for the Expanded FinCEN GTO

Join us for a discussion about FinCEN’s expanded Geographic Targeting Order that now includes Hil...

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ALTA Survey, Gov't Shutdown & Expanded FinCEN GTO
11/9/2023

Hello Fund Members!I just got back from the Flo...

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FinCEN Expansion, Foreign Interests & Love
11/2/2023

Hello Fund Members!Hope everyone is doing well....

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