FinCEN, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network, will be hosting a webinar on beneficial ownership information reporting requirements. The webinar aims to provide valuable insights into compliance with the Corporate Transparency Act.

The Corporate Transparency Act mandates that numerous companies operating in the United States disclose information to FinCEN regarding their ultimate beneficial owners or controllers. In light of this requirement, a FinCEN representative will lead the virtual information session to guide participants on fulfilling these reporting obligations.

The webinar is scheduled to take place on Tuesday, April 30, at 2 p.m. Eastern Time. Interested individuals can access the session at www.youtube.com/@fincentreasury. Additionally, FinCEN encourages stakeholders to explore their website for comprehensive details on the law and to sign up for email notifications concerning beneficial ownership information updates.

In addition to the webinar, FinCEN offers various resources for small businesses, including an introduction brochure to Beneficial Ownership Information Reporting, an overview video on the same topic, and a Small Entity Compliance Guide. Furthermore, answers to frequently asked questions are available to assist companies in understanding and adhering to the reporting requirements.

For more updates and information, individuals can follow FinCEN on their social media channels, including YouTube, LinkedIn, Twitter, and Facebook.

Stay informed and compliant by participating in the upcoming webinar hosted by FinCEN, a crucial step towards understanding and meeting beneficial ownership information reporting requirements.