The U.S. Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) announced that it will not issue any fines or penalties or

The Treasury Department has announced that it will no longer enforce the Corporate Transparency Act or the associated BOI reporting requirements.

The US treasury department announced that it will halt enforcement of the Corporate Transparency Act's Beneficial Ownership Information reporting requirements for US citizens and domestic firms. President Trump supports the move,

Treasury Department said it won’t take enforcement action against Americans or American companies who fail to file ownership information under the law.