Financial Crime Financial Crime

Launch date for US beneficial owners registry uncertain, FinCEN acting director tells Congress

By Robert Thomason
  • 28 Apr 2022 20:07
  • 28 Apr 2022 20:27
The US Financial Crimes Enforcement Network has missed its deadline for establishing a new database of beneficial owners of small businesses and is likely to miss more, FinCEN acting Director Himamauli Das told the House Financial Services Committee today. Das said the delay is a result of understaffing.

The US beneficial owner database

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Discover MLex

Stay on top of global regulatory developments

TAKE A FREE TRIAL

Latest News