FinCEN Updates: FinCEN Issues Final Rule Clarifying the Exemption of Certain Telecommunications Service Providers from Beneficial Ownership Information Reporting Requirements

You are subscribed to FinCEN Updates. The information below is available at Fincen.gov.

 

FinCEN Issues Final Rule Clarifying the Exemption of Certain Telecommunications Service Providers from Beneficial Ownership Information Reporting Requirements

Today, the Financial Crimes Enforcement Network (FinCEN) issued a final rule to clarify that certain telecommunications service providers qualify as "regulated public utilities" and are exempt from the Corporate Transparency Act's beneficial ownership information reporting requirements. The final rule is effective immediately upon publication in the Federal Register.

To find out more about the reporting process, visit https://www.fincen.gov/boi.

Final Rule: https://www.fincen.gov/resources/statutes-regulations/federal-register-notices/update-public-utility-exemption-under

###

 

---

Update your subscriptions, modify your password or e-mail address, or stop subscriptions at any time on your Subscriber Preferences page. You will need to use your e-mail address to log in. If you have questions or problems with the subscription service, please contact subscriberhelp.govdelivery.com. All other inquiries can be directed to FRC@fincen.gov.

This service is provided to you at no charge by the Financial Crimes Enforcement Network. Visit us on the web at http://www.fincen.gov/.

---

This email was sent to stevenmagallanes520.nims@blogger.com using GovDelivery Communications Cloud on behalf of: FinCEN Updates · PO Box 39 · Vienna, VA 22183 · 703-905-3591