Policy Outlook: FinCEN: BOI Reporting

UPDATE: A federal court in Texas issued a nationwide injunction halting the implementation of the Corporate Transparency Act’s (CTA) beneficial ownership reporting requirements.  Therefore, unless and until an appellate court overrules or narrows the injunction, no businesses are obligated to comply with the reporting requirements. 

Watch for event updates in Dakota Digest and the monthly event email for a confirmed date.

__

BONUS MATERIAL!
Introducing our last Policy Outlook of the year...
‌
Under the Corporate Transparency Act, U.S. small businesses need to file beneficial ownership information reports (BOI) with the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) by January 1, 2025. 

This Policy Outlook will discuss this new reporting requirement and how to complete it.

Why attend? The goal of this event is to help businesses comply with the requirements of the Corporate Transparency Act.

High level overview: The law was passed to curb illicit finance and protect U.S. national security.

Presenters

• Megan Harding, Regulations Advisor, Beneficial Ownership and Transparency Unit, Financial Crimes Enforcement Network (FinCEN)
• Jean Luc Guerrier, Guidance and Outreach Advisor, Financial Crime Enforcement Network’s Beneficial Ownership and Transparency Unit

MEGAN HARDING is a Regulations Advisor in the Beneficial Ownership and Transparency Unit at the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Treasury Department. Prior to joining FinCEN, Megan worked on several Federal regulatory policies and programs. Megan began her career at the U.S. Department of Justice, where she focused on combatting transnational organized crime. She holds a master’s degree in Conflict Analysis and Resolution from George Mason University

JÉAN LUC GUERRIER, JD, CFE, CECFE, is a Guidance and Outreach Advisor in the Financial Crime Enforcement Network’s Beneficial Ownership and Transparency Unit. With extensive experience in federal financial investigations, he applies his expertise in the Bank Secrecy Act and anti-money laundering regulations to combat financial crime. Jéan Luc has previously served in various training and outreach roles during his federal service career. He holds a Juris Doctorate from Temple University and multiple professional certifications, including Certified Fraud Examiner and Certified Economic Crime Forensic Examiner.

Who should attend

1. Legislators
2. GNDC Policy Council members 
3. Those looking to learn more about this specific topic area

Attend one or all of these events to shape our policy projection for the future. 
> Refund policy and other event policies <