September 2022
Beneficial Ownership Information Reporting
Beneficial Ownership Information Reporting Rule Fact Sheet
All entities created in the United States — including those previously known as “domestic reporting companies” — and their beneficial owners are now exempt from the requirement to report beneficial ownership information (BOI) to the Financial Crimes Enforcement Network (FinCEN) under the Corporate Transparency Act (CTA).
Prepared Remarks of FinCEN Acting Deputy Director Jimmy Kirby During the 2022 Federal Identity Forum & Exposition (FedID)
Prepared Remarks
Jimmy Kirby
Acting Deputy Director
Financial Crimes Enforcement Network
2022 Federal Identity Forum & Exposition (“FedID”)
Atlanta, Georgia