The U.S. Financial Crimes and Enforcement Network (FinCEN) has issued a release on the next steps following the consultation on proposed regulations for beneficial ownership reporting requirements. --- FinCEN Statement Regarding Beneficial Ownership Information Reporting and Next Steps Immediate Release February 08, 2022 The Financial Crimes Enforcement Network (FinCEN) notes that the comment period to the December 8, 2021 notice of proposed rulemaking (NPRM) requiring the reporting of beneficial ownership information (BOI) (the "Reporting NPRM") has closed. FinCEN received over 230 comments. The Reporting NPRM is the first in a series of rulemakings that FinCEN will issue to implement the...