by Eric J. Ellman | Dec 18, 2022
In December 2022, the Financial Crimes Enforcement Network (FinCEN) issued a notice of proposed rulemaking promulgating proposed regulations regarding access by authorized recipients to beneficial ownership information (BOI) that will be reported to FinCEN pursuant to...
by Eric J. Ellman | Feb 3, 2022
In February 2022, CDIA filed a comment to FinCEN in response to its Advance Notice of Proposed Rulemaking (“ANPRM”) concerning the implementation of the Bank Secrecy Act (“BSA”) requirements relating to the collection, reporting, and retention of information...
by Eric J. Ellman | May 5, 2021
CDIA filed a comment in May 2021 in response to an ANPR from the Financial Crimes Enforcement Network (“FinCEN”). In this process, FinCEN is seeking public comment on questions pertinent to the implementation of the Corporate Transparency Act (CTA), enacted into law...
by Eric J. Ellman | May 22, 2020
On May 22, 2020, U.S. Sen. Tim Scott (R-SC) led a letter signed by several members of the Senate Banking Committee, including Chairman Mike Crapo (R-ID) in a letter to Treasury Secretary Mnuchin, FHFA Director Calabria and CFPB Director Kathleen Kraninger thanking...
