FinCEN Extends Beneficial Ownership Limited Exception for 30 days

  • Blog
  • 8/9/2018
On August 8, the Financial Crimes Enforcement Network (FinCEN) extended, by another 30 days, the limited exception to the Beneficial Ownership Rule for some products and services (certificate of deposits/share certificates and loan accounts) that were established prior to May 11, 2018.
This blog contains general information and does not constitute the rendering of legal, accounting, investment, tax, or other professional services. Consult with your advisors regarding the applicability of this content to your specific circumstances.

Experience the CLA Promise


Subscribe