This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

US FinCEN should require range of businesses to register in ownership database, transparency coalition says

( May 5, 2021, 21:35 GMT | Official Statement) -- MLex Summary: The US Financial Crimes Enforcement Network should require the beneficial owners or those with substantial control of partnerships, sole proprietorships, trusts, foundations, and business associations to register in a beneficial ownership database required by the Anti-Money Laundering Act of 2020, said the Financial Accountability and Corporate Transparency Coalition in a comment letter answer questions posed by FinCEN. Today was the formal deadline for submitting comments.Statement and document follow below:...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Documents

Related Sections