The Department of Treasury's Financial Crimes Enforcement Network (FinCEN) recently updated their BOI Reporting FAQs. Per FinCEN, these FAQs are explanatory only and do not supplement or modify any obligations imposed by statute or regulation. Refer to the Beneficial Ownership Information Reporting Rule, available at www.fincen.gov/boi, for details on s pecific provisions. FinCEN expects to publish further guidance in the future. Questions on any of this content can be directed to https://www.fincen.gov/contact. 

To read the FAQs, click here.