The U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) has announced a final rule clarifying the public utility exemption under the beneficial ownership information reporting rule. This includes the clarification that certain telecommunications services providers are exempt from the reporting requirements. The final rule was published in the Federal Register on 18 October 2024 and is effective from its date of publication. --- SUMMARY: FinCEN is publishing this final rule to clarify an exemption under the beneficial ownership information reporting rule that FinCEN published on September 30, 2022. This rule modifies the language exempting certain public utilities from the definition...