2024 Beneficial Ownership Final Rule Summary (Access Rule)
Updated 02/27/2024
This tool summarizes FinCEN’s Final Rule Regarding Access to Beneficial Ownership Information. The rule outlines conditions for disclosing beneficial ownership information (BOI) and specifies the entities to which BOI may be disclosed. The rule also emphasizes security and confidentiality protocols aligned with the Corporate Transparency Act (CTA) to prevent unauthorized disclosure of sensitive information, identifies authorized recipients eligible to access BOI and outlines security and confidentiality requirements, as well as rediscloses penalties for non-compliance.
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